EGR 6.38% 11.0¢ ecograf limited

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  1. 87 Posts.
    Hi all

    Well this isn't going according to plan.
    At first glance this afternoon I thought ... WTF ....
    How can a company deliver such outstanding visuals and such crap assays?

    I have been studying the results and previous Ann's and have stumbled
    Apon an explanation . I am not a geo or in the industry.

    I may be wrong , so happy to be politly corrected.

    The company recently stated.........

    Kibaran Resources Limited (ASX: KNL) is pleased to report that reverse circulation (“RC”) drilling at the Mahenge graphite project has recorded graphite mineralisation over entire drill hole lengths from a single RC drill hole with downhole widths of 146m, 143m and 154m recorded at the Ndololo graphite prospect.
    Drill holes MHRC013, 14 and 15 are up to 1,250 metres along strike of MHRC012 indicating the potential significant size of the graphite occurrence. Greater geological understanding, coupled with consistent widths of graphite mineralisation has led to number important observations at Ndololo

    Drill holes 13 ,14 and 15 (the large visual reports)are 1.25klms away from the results advised today. These assays are pending if I read correctly.
    In other words ..we are still waiting for the company reported high grade
    Hole results.

    The results released today were for a different part of the project and not the results everyone was waiting on .(to a certain degree anyway)

    If you look at the map of where the results are reported today it's by far the smallest target that they have over the entire project.the best is yet to come.

    I will state I will be averaging down tomorrow , buckle my seat belt up and ride it out. This might be the worst mistake I've made but my gut and reacherch tells me that the best is yet to come. I'm very interested to see the actual results of those massive graphite visuals over the entire hole , which have not been reported yet ..... Their still pending.

    This is all my own opinion and not in any way advice. I could well be way off the money.please do your own research .

    Regards

    Acdc

 
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