Yes plenty make cryptic observations and don't explain themselves.
Conveniently they ignore that the holes are at the outer edge of the mineralisation, and we are slowly moving from this towards the source and going downdip, while encountering massive sulphide mineralisation ALL the time.
We know we're at the outer edges of the deposit from the the EM mapping, and as a result of this outer location, of course the direction and extent of the mineralisation is going to be less consistent.
IF we were drilling near the centre of the mineralisation, then ok maybe they've got a point. Maybe.
But look at the direction and the shape of the mineralisation.
It's easy to scare people and very hard to get an instant reading on this complex area. So you have to use your commonsense and keep things in perspective.
Glad we're in a trading halt. Fed up with the constant rain of negative and oh so slightly negative doubt-raising bs TBH.
Tony Rovira and team are experts on nickel exploration. It's why they didn't start drilling in the centre, they're going systematically from the edges inwards, and I assume (using my commonsense, it's so they don't have to go back again), they're busily defining the resource, they are getting the shape of it and extent of it. They're not haphazardly drilling and coming up with dusters.
So far!
Traders make snap decisions so if something doesn't 'look' or 'feel' right, and someone makes a post which has a scary our doubtful element to it, they can create a minor rush for the exits.
You have to ask yourself why do they do that?
A: Trading it.
Trading halt? GOOD.
AZS Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held
