Macros has probably (IMHO) hit the nail on the head with "Focus didn't want to post the results of TI yet as they still have a lot to do"!
From previously released information, there is a probable repeat of this system to the east. There is also plenty of paleochannel ( interpreted as draining the St Ives area) to drill, with historic paleochannel open cuts, visible on Google Earth, just 3km west of TI, that apparently went about 4 grams/ton.
Today's announcement confirms Focus' management were very wise in aquiring this tenement, as it appears to host another St Ives smack bang on the Boulder Lefroy fault. Since the TI tenement hosts the entire 6Km of strike where the orientation is 25 degrees different, I dare to speculate Focus have the entire camp in the bag.
The Boulder Lefroy fault has given up over $$15 Trillion
in metals so far, so we should be quietly optimistically excited IMHO. If TI performs to the potential its locality and recent data suggest, it is a Company Maker!!
DYOR
K
- Forums
- ASX - By Stock
- FML
- Ann: Treasure Island Exploration Update
Ann: Treasure Island Exploration Update , page-24
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $32.95M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 11.5¢ | $3.285K | 28.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 8690 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.115 |
3 | 125364 | 0.110 |
2 | 24776 | 0.105 |
2 | 139000 | 0.100 |
1 | 10000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 8690 | 1 |
0.130 | 64731 | 2 |
0.135 | 25000 | 1 |
0.140 | 29476 | 1 |
0.145 | 16700 | 3 |
Last trade - 11.36am 09/08/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |