Interesting calculations, and as you say...encouraging.
Been giving the early results a bit more thought. I posted earlier that this find had the potential for MZN to leapfrog all the other juniors (DEG, KAI even ARV outside Purdys). But when you actually analyse the fact that none of the above have yet taken a sample of conglomerate from host rock and shown it contains significant gold, then you could already say they are actually in front right now!
Things could change of course if any of these companies actually do go ahead and do further work....they are talking about it..talk that seems slow to be put into action.
But if the ducks line up, and its a big if...MZN could actually leapfrog NOVO. Now that might sound ridiculous at first, but if drilling works and if the conglomerate is reasonably uniform and of sufficient grade, and if MZN show committment, then it actually could!
I know thats a big statement, dont know how probable it is but it certainly is POSSIBLE.
MZN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held