E25 0.00% 19.5¢ element 25 limited

the pole dancer, page-10

  1. 18,971 Posts.
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    I bought primarily for Callewa.

    HG Cu chip exposed on ridge while grading a road.
    Most of the area (continuation of ridge) is under cover.
    No exploration history.
    Geo reports associated elements could be indicative of a porphery.

    It's a gamble.
    If they drill and dont find very much, the share price probably wont fall far due to other projects, but if they find significant mineralization the company would be rerated.
    And I like the fact there is no need for capital for at least a year.
 
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