SFR 0.66% $9.02 sandfire resources limited

ent not better value ???, page-18

  1. 2,144 Posts.
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    Hi all,
    I think the next 12 months is going to be very interesting,with regards to geology and structures of the area.More drilling and the new technology this day and age will change many different interpretations and theories on the area.Remember each company will come up with their own interpretations on their ground and they will try to sell that.Until drilling tells the story,who's to say who's right or wrong.From what I understand,Sandfire originally drilled Degrussa chasing a gold anomaly.How things change!.Have also heard a theory that the Degrussa find is possibly leached out from a much larger source.Maybe at depth from under the Marymia Dome to the north.Marymia Dome area has produced a number of large deposits including Horseshoe Lights (copper/gold).Just another theory to throw into the mix.Exciting times ahead for the area,bring on the drilling rigs and drill deep.
    Companies in the mix include:
    TLM - Big chance.
    ENT
    SRI- Jenkin fault factor,Thaduna,Green Dragon.
    PMH- Like this one.Jenkin fault factor.Hole drilled on mag anomoly many years ago by Northling looking for diamonds.Hole ended in sulphides at 62mtrs,58to62 mtrs 2.43% copper.Must have just hit top of anomaly,real target.They also have the interesting basemetal Corktree Well prospect S/W of this area.
    ADX- Jenkin fault factor.(But ADX very focused on their oil&gas).
    CYS
    GTE- Using the Sandfire nearology factor.
    Good luck all.
 
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