MBM 3.33% 3.1¢ mobecom limited

better than sdl: market cap $50m drilling july, page-53

  1. 2,352 Posts.
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    squidd,
    Do not agree with you re results wont be known for months.
    When they start drilling in August they will get a very good idea of what they have got by visually assessing the cores.
    I agree with you they will probably drill a few wide spaced holes to get an idea of the tenor of the mineralization then do the CR sometime in October.
    Remember we have a cornerstone investor on board who would part with cash to further the drilling if need be.
    I understand that behind the scenes they are working with government to develop a solution to transport on a regional basis so if they find an economic DSO orebody ( highly likely in my view )then the sp will run hard to $1.00 plus in my view and still be nowhere the market cap of SDL.
    This WGO is a high risk very,very ,very high reward play .
    Good luck to all buying slowly building .We will see 40 cents plus next week IMO.
 
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