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HotRods65

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08/12/18

17:13

Post #: 36794457
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Originally posted by Sharetrader78: ↑

Yes did you get my email hotrod?

Studying over the merger and "BIG picture" plan from the combined companies assets>

I do like MRP project and think along with IRC projects we would actually start to get some serious interest from the Big end of town investors.

My first thoughts on MRP projects

Boorara - low grade currently (with low cut-off)
but recent exploration>>>>
- 1m@ 348g/t au
- 1m@ 52.5g/t au
-5m@ 70g/t au
-1m@ 40g/t au

Shows potential higher grades around still very underexplored esp. at depth 1.8km strike length with room to grow .... throw decent drilling program should well reward

..this really does have a scale that JP would like to see expanded. ? and be a good feedstock mix with > Teal-camp oxide, Binduli?

the Merger company would pretty much surround the Superpit >>

Newmont certainly likes the area
https://thewest.com.au/business/finance/newmont-keeps-its-faith-in-super-pit-ng-ya-115269

Nimbus- High-grade Silver VMS right next door to Boorara shows how rich the mineralization is around this permit ..

think with where the world is going we will see silver shortages and spike in price as Mexico, Peru, and Russia where government resource taxes could be going up to cover budget deficits of lower oil prices. >> the ongoing demand in electronics and investment (Bond market crash 2019/20)

There will certainly be cost savings having one company with projects mostly in the same part of the Gold fields .... I see the selling off of more projects non-core top the new company direction aka focus on close to Kal -Lakewood mill

Expand

I haven't checked that email recently, will in a minute. The lakewood mill would sit nicely with the merged company if they could get there hands on it.

IRC Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Ann.Trading Halt, page-12

Top Stories

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Scientific conference spotlights PYC's work on blindness disease treatment

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Sales growth pushes Lovisa's fortunes (and shares) upwards