Having received PAC shares in return for Bellary Dome, HAV's...

First 54 Last

Share
Profile

Follow
AlexanderJ

811 Posts.

290

23/06/18

18:47

Post #: 33905262
Share

Originally posted by ghosta ↑

The best way to explain the "indifference" and "complacency" you see is to compare MZNs lithium discovery with conglomerate gold. This project is presently at the same stage as Novo was six months ago. The Australian market is not giving this lithium any premium because it is undrilled and unproven. Conglomerate projects are treated absolutely no differently....except on the Canadian market.

What we saw six months ago with Novo is pretty much equivalent to the market valuing MZNs lithium at a billion dollars...clearly unjustified. The Australian market treats conglomerate exactly the same as greenstone gold and lithium and every other mineral project.

The Canadian markets view of conglomerate gold is certainly different. I know some would say the proof is already there, but in truth the standard of proof is low, so far not one statistically valid sample result has been obtained, and the trenching program being undertaken will not provide any. (which I can say with absolute certainty having studied statistics at university level). Not enough samples for the size of the possible resource, in simple terms.

Expand

Having received PAC shares in return for Bellary Dome, HAV's Bellary Dome is now listed on the Canadian SX where hopefully it will get more interest from investors.

MZN Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

There are more pages in this discussion • 10 more messages in this thread...

First 54 Last

Add MZN (ASX) to my watchlist

Having received PAC shares in return for Bellary Dome, HAV's...

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Cyclone signs MOU with Vale for development of Iron Bear play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado