Love your thoughts Kinaboy1 too.
Im a glass half full cat, which may be a failing . . but my take is that there is new processing plants being built in the area for Cobalt (I think from memory it's 3 plants all up, one is with BMR) so they are going to have the infrastructure in place to process a lot of cobalt in the near term . now they just have to dig the crap out of the area and turn it into a martian landscape.
BMR are going to make an announcement soon to back the IPO about what they have found at Iron Mask, MEI will then want to test the northern extremities of their claim which butts onto the BMR Iron Mask claim. If BMR call a big number at Iron Mask then there will be Cobalt in MEI's claim, just got to test how far down it goes (Geophys looks like there is a reasonable chunk of EM on that section . . but not massive)
We wont even need to have drills turning to get a bump from Iron Mask if BMR call it and that is short term . . however if they call it a duster then I doubt MEI will drop a drill there.
(Speculating . . if you see a drill plan from MEI this would probably indicate that BMR's results are good as they will know, these guys will be talking all the time, sharing drill rigs and contractors, even lumberjack uniforms)
Watch this space, this next week will be interesting
