MEU 0.00% 4.0¢ marmota limited

The Multiplier Effect

  1. 439 Posts.
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    The "What's Next" of the quarterly report mentions the Multiplier Effect of rising
    gold prices . The very last sentence  of the report mentions Mergers and Acquisitions .
    By mentioning the "Multiplier Effect " was that just a general statement  or is it a possibility that the
    potential at Aurora Tank has attracted someone's interest and Marmota is  now on guard 
    for a possible approach. I spoke to a person with knowledge of JORC procedures
    and asked them what would be the minimum resource be if a  company planned a JORC.
    They said no set resource but a minimum of 250,000 ounces would be the norm if the
    minerals are worthy of a commercial  venture. Not saying AT has that already but if
    the potential is there than it is possible that Marmota may be looking for a Cash partner
    soon that could bring the project forward . I doubt very much  a cash raising by Marmota would be 
    a good option so I think that paragraph may have some relevance especially the last sentence.
 
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