ALR 0.00% 0.4¢ altair minerals limited

Ann: Operational Update and Key Tenement Renewal, page-90

  1. 1,444 Posts.
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    I agree with you on the discovery announcement. i think the market is slowly coming to realisation on this announcement. About 55m of hematite breccia zone (cut by pegmatitw dykes and othwr intrusives) already from 1040 to 1095m (cut off on last announcement). Blebby chalcopyrite seen is an indication that it is getting increasingly high grade. What are the odds that this drops off to nothing?

    And especially so when Oak Dam West core just few km away suggests that the massive high grades are at depth, like 1200-1500m. We are very likely on top of the orebody

    I think thats why prices ran a bit from 1.2c to 1.7c following the announcement.

    Imo, this coming week could be a big week for holders.
 
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