G88 6.25% 1.5¢ golden mile resources ltd

Ann: Further Significant Nickel Cobalt at Quicksilver, page-20

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  1. 2,833 Posts.
    lightbulb Created with Sketch. 1629
    i sold about 70% at 3.8c and moved it into something else but the remainder i have is around 40% down with a 3.2c average
    the grade is no lower than previous grades, the most disappointing is they havent really defined the high grade DSO potential zone with this drilling, testwork has shown that 1% grades can return high nickel recovery, theres 168kt in the ground
    https://hotcopper.com.au/data/attachments/5631/5631161-2888ceadb5bbe9d7de5a606ccaeb44b9.jpg
    i dont think this announcement is worth -20% to the SP, alot of the selling is panic selling and thats fine, people sell and buy as they please but i'd still like to see how it turns out over the next couple months
 
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