Hi BC
Well quite coincidentally I checked on the proximity today and it appears the MRD 19 target is 10-20kmls away..
The upshot is that MRD need to hit Ni sulphide in large scale, as the market isn't hot for same unless it's spectacular.
It's a positive to find the sulphides, but I suggest it's a) tough to find them in scale and b) difficult to get buyers excited when prices are down.. So I won't bet the farm on MRD.. Just yet anyway!.
AQD however are expecting 20,000 metres of drilling before year's end, so here's hoping unlike the initial program that they will hit a Cu load, at shallow depth!.
Consensus around is that 2017 will be better for commodities so it's now we need to hit a resource of high potential.
GLTA Sarg
AQD Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held