MZN 0.00% 8.0¢ marindi metals limited

Big difference between ARV and MZN is that MZN has good...

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  1. 522 Posts.
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    Big difference between ARV and MZN is that MZN has good relations with Novo. I believe that there is a very good chance that Marindi will do a JV with Novo for the Bellary Dome tenement. A requirement would be that Novo put in a considerable amount of money to drill the Bellary formation in the hunt for widely disseminated fine gold. Novo has the funds and the expertise to start a massive drill program on Marindi's tenement. Marindi now has two potential catalysts that can catapult its marketcap to much higher levels: the probable Novo JV for the Bellary Dome project, and the Forrestania lithium-gold drilling program

    ARV management on the other hand has ruined its chances to work out a fair deal with Novo. As a result Novo has put and will be putting in the bare minimum amount of work necessary to keep 50% of the JV tenements. Much to the chagrin of ARV shareholders and management Novo's focus has shifted away from Purdy's towards Comet Well, and I will leave it to you to figure out who is to be blamed for this.

    Hint: It isn't Quinton Hennigh
 
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