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8.0¢ marindi metals limited

Ann: Hundreds of Gold Nuggets Recovered from Belary Dome, page-56

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Mudcrabber

605 Posts.

89

13/06/18

02:11

Post #: 33666898
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Originally posted by Lemand ↑

Big difference between ARV and MZN is that MZN has good relations with Novo. I believe that there is a very good chance that Marindi will do a JV with Novo for the Bellary Dome tenement. A requirement would be that Novo put in a considerable amount of money to drill the Bellary formation in the hunt for widely disseminated fine gold. Novo has the funds and the expertise to start a massive drill program on Marindi's tenement. Marindi now has two potential catalysts that can catapult its marketcap to much higher levels: the probable Novo JV for the Bellary Dome project, and the Forrestania lithium-gold drilling program

ARV management on the other hand has ruined its chances to work out a fair deal with Novo. As a result Novo has put and will be putting in the bare minimum amount of work necessary to keep 50% of the JV tenements. Much to the chagrin of ARV shareholders and management Novo's focus has shifted away from Purdy's towards Comet Well, and I will leave it to you to figure out who is to be blamed for this.

Hint: It isn't Quinton Hennigh

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Where do you get that story from because it's new to me Lemand.
Please don't say stockhouse or that ceo crap is where you get your opinions from.

MZN Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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