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14/06/18

05:54

Post #: 33696256
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Originally posted by cobalt play ↑

I believe Midrim is the reason Tolga originally invested in MEI...

The Joyce River acquisition is a different type of mineralization than Cobalt Camp so I like this one...Also I think the prospect of good cobalt returns at the Iron Mask Project on outer edges of Sudbury is really good...Most of the historic mines are either between Cobalt and Silver Center or around Gowganda...Both of these main areas were hit pretty hard historically...MEI's other tenements are further away and less explored IMO...Also I suppose there is a little wish for good luck involved...

Other companies in Cobalt Camp that have really done anything at all are First Cobalt, Cobalt Power Group, LiCo Energy and Canada Cobalt Works (used to be Castle Silver)...Supreme Metals has done some at Foster Marshall...First Cobalt/Cobalt Power Group/LiCo Energy have not turned up enough for a JORC in their drilling...Look at stock charts for all three...Canada Cobalt Works is only interested in developing the old Castle Silver Mine...

There may very well be a lot more silver/cobalt somewhere under open ground withing the two main Cobalt Camp areas but will take lots and lots of drilling to try and find it (if it is there)...

Guess I just like the mostly further away (Lorrain acquisition is near Cobalt and the high graded historic area around that town) and more open ground/less explored acquisitions MEI has...

BMR also holds a lot of these further away tenements and they have the area more near and including the Iron Mask mine...

Lots of geophysics and lots of drilling is what it takes to, hopefully, find the mother lode...or at least one of the many mother lodes probably out there somewhere..

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You could ask Tolga on Twitter he usually responds.

MEI Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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You could ask Tolga on Twitter he usually responds.

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