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MLS - Metals Australia

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this one is looking good at 2.4 cents it is super cheap

further drill results pending with encouraging results so far

definitely worth a gamble
 
up 8% to 2.6 cents

awesome activities report


Have a read of this outstanding report

Highlights of drill results

1,052,640 tonnes @ 7.64% zinc

an inground value of nearly 1/2 billion

note: this resource estimate does not include the latest drill results completed in June and September - which will undoubtedly expand the resource

market cap : 17million


DYOR
 
forgot to mention they have 6.5 million in cash

more than a third of their market cap
 
This one is about to surge!

So cheap at these prices, with 1/2 a billion dollars of zinc in the ground!

Mining Guru
 
I think it's only fair you guys share your profits , as I spotted it, but then took my eyes of it.... bugger...

Good Luck...
 
daytraded this one today for some beer money

will buy back in on Monday and will hold

those imminent drill results - if they can prove up a JORC compliant resource that is double what they currently have we could see an in ground value of a billion dollars


market cap: 17 million

this one is going up quickly


in the late arvo the price was being manipulated, keeping it down for further accumulation. at any moment this one could pop
 
im considering purchasing this one, but im still tossing up between MLS and AAR

so far AAR's Koongie Park resource stands at
Sandiego
Zn zone: 1.3mt @ 0.6% Cu, 1.3% Pb, 9.1% Zn, 16g/t Ag, 0.34g/t Au
Cu Zone: 0.92mt @ 2.9%

Onedin
Zn zone: 1.14mt @ 0.70% Cu, 1.2% Pb, 7% Zn, 40g/t Ag
Copper zone: 2.22mt @ 1.2% Cu, 1.7% Pb, 2.7% Zn, 38g/t Ag

anyone got any ideas?
 
From the chart point, AAR just up from 4c to 8c, and MLS is still at the bottom.
Only for Ref.
 
AAR's mkt cap is more than MLS(you have to pay double the mkt cap)

a no brainer MLS is cheaper
 
solid buying this morning - market is starting to notice the value in this one

when the further assay results are announced - we will see a nice spike in the share price
 
Anyone think these guys could be a takeover target from a bigger company looking to secure more Zinc given the state ot that metals market atm?
 
The charts looking good, i would like to see it pass through this resistance though...a close too far off the the high would not be too good.
 

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It has really started moving today.

But it still has along way to go!!

The grades just get better. Is has 1 billion tonnes at over 12% zinc.

Also has U and ground next to Oxiana.

Fantastic.

Should get to 10c + very soon.


The Mining Guru
 

ummm..i honestly hope ur right..coz i'll be a millionaire if they had 1 BILLION tonnes at over 12% zinc ..i fink u meant 1mt @12%
 
sleeper88 said:
ummm..i honestly hope ur right..coz i'll be a millionaire if they had 1 BILLION tonnes at over 12% zinc ..i fink u meant 1mt @12%
Click to expand...

Thanks Sleeper88...I wanted to ask that but thought i must have missed something!

 
There is over 1 million JORC resource, but much more that hasn't been quantified to that level yet.

There will be a massive resource increase with this one!
 
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