This is great news .... more targets to drill will be...

This is great news .... more targets to drill will be identified.

Hey you pessimists, this stock was up around 8.5cents just prior to Tunks coming along .... the drills aint spinning don't buy is his message. So there's been a long time of little action with stuff like assays and the share price dwindled (remember the cap raise at 6.2cents not that long ago).... so I bought in, in that cap raise and held.

Now the real exploration work is coming off the stagnant past 6 months .... gonna be bucket loads of positive results here, and as Tunks mentioned other companies in not as good boats have $200million market caps .... there's huge upside here.

Also, this man is an ex goldie and knows how to do stuff. He knows how to target narrow deep gold veins and get the gold .... so that mentality here is gonna be great. If the ore is as high as some of the previous results DSO could be an option for cashflow too or perhaps even a tolling arrangement.

My bet is if this expresses to a JORC or close to one then a buy out from a giant will happen. The next few years will see the giants snapping up explorers because they're the experts in processing and managing and the explorers love finding stuff. The headache for the explorer is building the mine due to huge costs. I can be wrong but in todays paper that's the word .... MA's (Mergers and acquisitions). The mining window for maximum profit is all about timing and when a commodity is hot you need to go hard ..... so waiting 5 years for an explorer to find then build a mine could mean they miss the boat ..... but for a miner with the capacity to process to scoop them up is fair play. Look for a good resource in ppm and logistics and buy them out. MEI is well positioned as a premium cobolt explorer.