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Announcement - $5.5 million nickel JV - Minara Resources
Anyone else watching?
Well, just the usual suspects mate
I did start to take notice of this once it slid in to the mid-forty range, and toyed with the idea of buying some for a while, but held off. I can only attribute the slide in the sp to none other than simply the negative sentiment toward goldies atm..
Similarly I also do not know a huge amount about their recent work, although they recently announced a maiden 410,000oz @2.1g/t resource at Banfora in Burkina Faso. They are targeting an enormous amount of drilling here over the next 8-10 months, somewhere in the region of 80,000m, and they recently raised $10M to accelerate exploration at Banfora, so they're obviously very confident of finding more ounces.
They also have some interesting projects in WA that would also justify some more detailed examination.
Definitely an interesting prospect imo.
Cheers
jman
Good response, up 40+%, but looking heady around these levels on a peer comparison.Revovered well since the 'bottom' down there, and the resource upgrade is out.
Doubled!
Not bad.
I've never invested in this to date. Kicking myself about missing what looked pretty bottomish to me, as per previous posts.
Quite a few junior goldies are up 2-300% since the 'bottom'. Were clearly oversold in retrospect. Wish I had have been more on the ball.
Pretty tough picking the top yesterday! Bad luck.
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