MPJ 0.00% 0.0¢ mining projects group limited

Something big coming?, page-163

  1. 1,029 Posts.
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    One thing that they would now know for certain is what came out of 0028.

    If it was a blank like 0024... or just the usual disseminated 0.4% Ni and a hint of stringy-blobby, will they concede defeat about this anomaly and move on to Narrow Neck/Roe 2 ?

    In which case as per normal the result will be mentioned in a quiet footnote to the next consolidated results statement. Like DHEM from ORTL9, where one presumes, in the face of no comment that nothing was revealed.

    On the other hand if it was an Excellent Hit (which these guys are more than capable of) or Highly Encouraging at least, could they have done DHEM on 0028 and drilled a second confirming hole to maximise the certainty of what they have and hence SP impact.!!?

    No news is frustrating but understandable.

    Would be nice to try and deduce things from no news... but that would be premature. At least no rush on big Buy/Sell means most are sitting and waiting. No leaks either way, including to any big sophisticated holders. That is perfect.

    If they have found something, a large scale ROE114, knowing these highly technical people they will want to release a comprehensive geo-analysis with it all, a more complete story and that takes time. No strong nerves, no strong gains!
    Pre-market releases of significance have recently been at :
    9.23am, 36, 37, 34, 26, 41, 28, 32 am

    A simple average is 9.32 am.... suggesting a likely time for an announcement.

    Pretty useless calculation... but as the diagrams of the last drilling were unable to be zoomed for any meaningful detail, there is nothing much else to do...
    Too ealy for a beer.... unless there is a good announcement of course.
 
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