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3.44% $3.09 adriatic metals plc

Ann: Adriatic Metals High Grade Mineralisation Continues Rupice, page-29

  1. HarryKane
    1,623 Posts.
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    09/07/19
    19:55
    Post #: 39445027
    Hey Esh, I've pressed management on this and they are not prepared to say whether Rupice is SedEx, VMS etc. Here's the reply to a question in Jan 19:
    "In response to your query asking if Rupice is a type of SedEx deposit the answer is a “guarded” no. It does not have some of the characteristics of SedEx, such as black shale hosted mineralisation, and Rupice is particularly rich in copper and gold which are not typically seen in SedEx. Brecciation and fluid movement/emplacement play a major role at Rupice, but as to its likely “style” we need a little more time to consider. Thanks for your interest."
    Subsequently management referred to Rupice as "unique".
    Until we know otherwise, sky's the limit IMO.
    ADT Price at posting: $1.21 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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