MRD 0.00% 0.1¢ mount ridley mines limited

Ann: Exploration Update, page-20

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  1. 54 Posts.
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    Ace, I share your anticipation, as no doubt all shareholders do. Just remember that this is target/directional drilling. Hence using a dart board analogy, the target is the little red dot in the middle.
    Lets hope the drilling team and guiding geologist are good at darts. However, the very fact that there is such a great conductor reading is almost good enough in itself, albeit geologically esoteric.
    Don't forget that there is at least a month of HPEM work underway at some very specific gravity targets.
    The Lake target should be half "geophysed" at this stage, AND the Company are at the ready to drill any conductor detected.
    I believe that "history" is still a lead weight on the stock, and Jason has capped his recommendation to 1.30 cents. Having said the above, I am very bullish for MRD. It is only a matter of time before we all achieve outrageous fortune!!
 
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