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0.00% 1.0¢ golden state mining limited

Ann: Yule South Mallina Basin Drill Contractor Appointed, page-301

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  1. HypersonicBunny
    261 Posts.
    lightbulb Created with Sketch. 27
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    11/07/20
    16:17
    Post #: 45799075
    Originallypostedbykellbys
    AnyonewhommayhavereservationsthatGSMistoofarawayfromDEG'sHemideposittohitgoldshouldhavealookatbelowpresentationmaterialpresentedbyDEGandhowbigtheirtargetzoneforfindingfurthersignificantgolddepositsintheregioniscurrently.

    "GSMrecentlyappointedcontractorBostechDrillingAustraliaPtyLtd(“Bostech”)astheyhavesignificantdrillingexperienceintheYuleregionhavingrecentlybeeninvolvedinDeGreyMining’sHemidiscoveryapproximately13kmstothesouthwestofYuleSouth."

    https://hotcopper.com.au/data/attachments/2290/2290791-ee989ea80272ed9923f1e4f839ab5977.jpg

    https://hotcopper.com.au/data/attachments/2290/2290794-4eb9d736afc38b3ab045021d2e7d5982.jpg

    https://hotcopper.com.au/data/attachments/2290/2290798-9a2b90ee0ec546b0f920c7eb85af7369.jpg

    Can'twaitforthefirstassayresultsinearlyAugust.....
    - I would think that they would already have some idea of what they've got from early samples - visuals and XRF

    - so unless they're running a pretty tight ship, or capping and accumulating, price doesn't suggest any breakthrough discovery yet
    GSM Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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