re: Ann: Little Wizard High Grade Molybdenum-...
The price probably hasn't increased much because the previous rally from just over 2 dollars happened after the first Little Wizard ultra high Mo result came out on the 26th August. This is a good announcement and I think the stock will gain more momentum over the next few days. The big difference with this announcement is that they're suggesting the Little Wizard mineralisation is an up dip extension from the other Merlin results and could extend along the entire length of the deposit, not just an isolated anomaly. Another exciting comment was the possibility of mining the Little Wizard mineralisation as Direct Shipping Ore (DSO) without any need for processing. That's incredible. I thought that only occurred with iron ore.
IVA Price at posting:
$3.90 Sentiment: LT Buy Disclosure: Held