Novos results in perspective.

Well overnight Novo reported on its first Comet Well results.

10.4 g/tonne from a 0.5m thick sequence, with the 0.3 -0.8m (average 0.5m) sequence below it returning 1.5g.

I realise you cant drill this stuff, but lets say you could. You would get a drill intercept of 11.9 g/ tonne over 1 metre. Not to bad....except it took 6 months and how many $million. And thats only the bottom bit..not the full profile.

IF MZN can show that drilling works at Bellary Dome then in 3 months they can probably get 10 -20 FULL PROFILE drill intercepts for less than 0.5 million.

Think about this.

Well today I rebalanced my holdings a bit.