re: Ann: Bantou Gold Prospect - New High Grad...
AMX went to a new level (around $1) after they announced their maiden resource estimate around 18 months ago. I expect the same pattern to be repeated here if assays continue to add to the resource profile at Nabanga. I'd say an estimate of something like a 1M oz deposit would certainly draw the necessary attention to get the MET SP way up. In the meantime I guess we just have to grin and bear the current downpush from whoever is selling. Whilst disappointing, I feel comforted by the fact that the company is well cashed up at present and that all news continues to be positive. The tide must turn and the rewards must come in due course.
MET Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held