re: Ann: Marmota achieves full earn-in on Mel...
Having spent a good part of my life over one the Yorke Peninsula, I personally can't wait for the drilling results..
In the late 1800's a heap of copper was discovered on the Western side of the peninsula at Moonta and outside of Kadina. And then we have the relatively recent discovery of copper on the Eastern side of the peninsula at what is now known as the Pine Point Copper Belt.
I think this all augers well for the prospectivity of the Marmota/Monax tennement.
Coupled with Marmota's Junction Dam uranium deposit, I'd suggest that on the whole MEU is highly under-valued. An upwards re-rating is imminent.......
MEU Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
