I'm really hoping at least 1 of these projects turns up some cobalt, in fact I'm hoping they find some Co at Mulligans, which is where they are starting with the Co search.
So while Shastri Ramnath seems to know her way around the Cobalt Sudbury general area and I would imagine the same for Tony Cormack; and undoubtedly they have connections who are also possibly pointing them in the direction of some of the growing number of tenements that MEI are compiling.
MEI is building quite a bit of territory in Canada and it's going to cost quite a bit of $$$$$ to explore let alone drill, so as I said, it would be really great if MEI gets some good intercepts with excellent grades at Mulligan when the drilling starts.
MEI has $3.975m in the bank which will get a lot done, but with all the new tenements, good results at Mulligan will push the SP to a much better place and will not dilute us as much when the inevitable next CR is mentioned.
Regardless, I agree with managements aggressive portfolio expansion and have my fingers crossed.
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