that is what I thought but it seems they want to provide more wholistic approach and tell a story of the overall potential in the area. I think it is good approach.
If Driell or Murga or anything else returned some scorching results then they would have released them early as they would not have choice. But they may be seating on decent results that can wait until Boda2/3 results are in.
If they did hit 800m @ 2.4g/t AuEq at Driell or Konigin, I am sure they would have reported. But hitting 800m at 0.65g/t AuEq is still really good but will not set the market on fire.
However, in the context of another discovery as addition to Boda, Kaiser and Boda2/3, 800m @ 0.65g/t AuEq is still very significant. But can it wait? Yes.
Same for Murga - very different if they are seating on 35m @ 1.6g/t Au from 15m and if they have 35m @ 5.5g/t Au from 15m.
35m @ 5.5g/t Au from 15m will set the SP on fire as it will have the effect Joel explained about - and I doubt ALK would be seating on such result without releasing it.
But hey, I could be wrong and they may not have much so far and now hope on Boda2/3 to provide some nutrients. However, I did notice some buying while ago which could not be explained why it occurred as there was no news in the following week or two. I assigned that to some positive results being received.
my own views and speculation.
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Mkt cap ! $262.5M |
Open | High | Low | Value | Volume |
44.0¢ | 44.5¢ | 42.5¢ | $220.7K | 505.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13953 | 43.0¢ |
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Price($) | Vol. | No. |
---|---|---|
43.5¢ | 6978 | 1 |
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1 | 13953 | 0.430 |
5 | 146038 | 0.425 |
8 | 186880 | 0.420 |
1 | 1500 | 0.415 |
5 | 51350 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 6978 | 1 |
0.440 | 33572 | 3 |
0.445 | 60800 | 3 |
0.450 | 64662 | 4 |
0.455 | 23996 | 3 |
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