RE: Price actionmight as well throw all those technicals out the window if there is no news.
I am hoping we hear something on the drilling program at least for San Roque.
They are suppose to be in drilling this week as i was told at the PDAC.
I talked to an IR guy from Marifil that worked for Ascenta (i think i got the company name right) his name was Hugh.
I was not very impressed as i knew more about the company than him.
He really couldn't even tell me what metals or elements that they are drilling for at San Roque.
Pretty dissapointed at first but then i later talked to Dick (Richard) Walters. He is a very knowledgeable geologist.
He was very busy talking to the NG guys when i arrived at the booth which had a bit of a buzz going on.
So what i could squeeze out of Dick was:
#1- He said that he was reluctant to say anything about a deal that is going to be finalized by the end of this month at Pedernal at the north end. He said that there is no JV's involved as i had asked him that.
#2- The 30 day extension of Sacchurum is just the securities commision giving the OK as they are transfering from an oil play to a potash play.
#3- I asked about Codihue and the IR (Hugh) said they will not be drilling there yet. Once again i dont think he had a clue what was going on.
#4- Expect some news on Los Menucos in the next few weeks.
#5- They are constantly bidding for farmlands in and around alot of their properties as they know the geology there.
#6- 43-101 should be out on Los Aguilas with Pacific Coast Nickel in the next few weeks also.
#7 Everything is basically a go with Sacchurum just waiting for regulators to look over things.
I had a really bad taste in my mouth when i first arrived at the booth but overall left happy holding MFM stock.
I will continue to hold over the coming months and bought more yesterday and will buy more again soon.
There is way to many avenues just to ignore this company.
Also i forgot to add that Dick also mentioned that San Roque is NG's only exploration program going on right now.
He said that San Roque will be the company maker just as matt on this BB said.
That in itself tells me something....NG will not be there wasting their time and money.
I have a really good feeling about the next few weeks and believe this will not get much cheaper than today's SP.
I wish all good luck on MFM and please do your dd and take my info with a grain of salt.
I was delayed posting as i was very busy the last few days.
cheers
Thecook