MFE 0.00% 1.0¢ magnetite mines limited

Hi Smuck, you are on the money with Roys sale of Prairie Downs...

  1. 255 Posts.
    Hi Smuck,

    you are on the money with Roys sale of Prairie Downs
    to GIR,the asx announcement is October 9 2008.

    Gir shares were worth 50c then and are now $1.23.
    I can't see much point in cashing them in at present
    cos the entitlement will have them sitting fine.
    Gir has doubled in the last three months from
    60c to $1.23 still plenty of upside I think.

    Drilling started Northern Territory Uranium 7th
    July 2009.A programme of up to 13 diamond drill
    holes, totalling around 1,820 metres is planned to
    target vein-type uranium mineralisation on
    extensions to the historically productive Adelaide
    River and George Creek uranium mines.
    Very strange no results from this drilling.
    UMC holders would also like to see plenty of recent
    drill results .
 
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