SGQ 0.00% 3.4¢ st george mining limited

Ann: Seismic Delivers Another Standout Target at Mt Alexander, page-53

  1. 6,737 Posts.
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    hmmm, JP does talk to the point about it being 2D and not knowing the east/west extent of the targets S1&S2 and that they would then put down DHEM surveys to look for mineralization off hole.
    I just dont know what to think of that .... sounds like a similar strategy as the current DHEM practice - sink a hole and if you miss MS put the DHEM down and see if it lights something up around the hole.
    I suppose the seismic targets are based on the same reflectivity as the near surface mineralization and therefore the chances of hitting MS is greater than the DHEM approach taken these last 2 or so years ?
    I wish we had the money to do a 3D survey but fingers crossed they at least hit some MS on the first S1 hole tongue.png
    I still consider SGQ a 'BUY' purely for the speculative appeal of the upcoming drill program if nothing else. wink.png
 
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