VSR 9.09% 1.2¢ voltaic strategic resources ltd

Ann: Further assays confirm significant Rare Earths system at Neo, page-46

  1. 10,713 Posts.
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    Crap !
    Look at twitter, this has been ramped to high heaven over there this past month , yet it is surprising that today's results average only 491ppm TREO to 1000ppm TREO and it is holding this levels.
    people say oh the met tests coming or this or that, but bottom line is we have thick pegmatites that yes only averaged 500 to 1000ppm TREO.

    Now I am no expert and just read ofc other companies, one such in LNR, same location in Gascoyne, has the same grades and waiting more yet can't budge of 1.5 cents lol, MC there $ 15m yet we sitting in 50m MC here on those low grades so you see thick pegmatites is fine to talk but it is the grades of TREO that does the talking.
    So for mine and I'm no expert, these are the result we got from thick pegmatites with no spodumene mentioned!

    What are other thoughts on the above, let's face it NONE OF US are experts here, all we have to go on is announcements, but all I'm interested in is the grades

    Come in people share thoughts not trash people for commenting good or bad, all you people wanna hear is glowing reports and posts, but the grades is what needs to be looked at, great thicknesses but high grade TREO is very thin in these thicknesses , hence average grades across the pegmatites is shown from 491ppm to 1000ppm , which is not high grade is my understanding !


    Last edited by sharebroker1: 15/06/23
 
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