Ann: Drilling of New Targets at Mt Alexander, page-114

@Dazedandconfused ... " What sort of result would cause you to reconsider your opinion?"

That's a good question..

If any of the DHEM showed a large EM anomaly like 300m X 200m where there was a much thicker ultramafic sequence and high Seimens reading, then I would likely be interested to buy some for the drilling program.

It wouldn't matter if the SP was higher before that drilling, as most money on these explorers that have had success, comes AFTER the initial success. For example Sirius went from 5c to 20-25c on the day of discovery announcement, but managed to go to $5 at its highest. Pilbara had it's lithium deposit when it was 3-4c/sh. Chalice went from ~16c to 30-40c on day of discovery announcement, then up to over $9 recently. DEG similar..

I'd add most of my holding after discovery, if they discovered something decent.. (I always take Mcap and SOI into consideration)..