people are looking for JORCs and possibilities to mine.
Good grades, but no wide spread evidence to support they will ever get a JORC.
Saying that, where there's smoke, sometimes there's fire.
But the low results adajcent to the peaks, suggest it could just be hot spots, not widespread mineralisation.
Who knows. They will need to do a lot more drilling and provide the market with a map and view to how widespread the results are.
The market wants certainty. People will likely be prepared to put money into a stock which has a jorc and view to mine, so that they can put it in the bottom draw, and know that in 3-5 years, they made a good decision.
What they dont want to do, is add another hopefull, that is amoung many claiming spectacular results, but never getting to a decision to mine.
Thats How I see it anyways.
cheers
HDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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