MCR 0.52% 96.5¢ mincor resources nl

MCR has hinted at various potential new mines Durkin Voyce...

  1. 3,607 Posts.
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    MCR has hinted at various potential new mines
    Durkin
    Voyce
    Cassini

    extenstions to Mittel / Mariners ....

    Cassini prob has the best upside - due to (high likelihood) that MCR should receive 85% of net payable ......but it will take 6-9 onths of additional drilling to "prove up" the resource (and then additional drilling for suffiecent confidence for mine planning) ....

    Durkin - highest level of confidence over resources ........doesn't appear deep ......but only 65% of net payable .....

    most amazing that the stock has held ground in what is carnage in the metals markets .....

    rgds
    Value_Hunter
 
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Currently unlisted public company.

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