Agree with other posters this Wasnt a great update, We knew most of this from the December 13th announcement, it's old news and the market sold on it back then. A single rock chip sample of 9% isn't anything to get excited about and nobody cared a month ago. The market wants drill results now, plenty of other cobalt stocks ran too hard on rock chips and historical grades to just end up tanking on poor drills with holders losing their shirt. The soil samples they switch from speaking in % (for the rock chips) to ppm. 208ppm is very low, 0.02% cobalt. That aside it shows cobalt is present and hopefully they can hit some decent drills at Mulligan. Mulligan is just one of the plays though as we have Iron Mask, Midrim and island 27. I still believe the company will have a good run over the next 24 months as the news flow and results come through. Patience is required here
MEI Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
