pre open, page-13

I said it last week when we went into TH before the Bollinger results. (See attached post)

A (NOW $700m) company doesn't go into TH over little hits of gold here and there.

Material to a company of this size would have to be a confirmation of Bollinger. IMO they have just intersected the top of Bollinger mineralisation again, in a step out hole(s) this time.

Best case, I speculate that they have 4 rigs, 50m wither way of the original hole. This way, best case would be that all 4 hit Bollinger sulphides at the same time, x4 the confidence of the maiden Bollinger hit.

I would also think they would have a drill or two testing the connection of Bollinger to Nova.

ALL IMO DYOR AND GLTAH

Previous post;

kkevinkk
Post #: 9118194
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In Reply to msg: #9117845
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A $500m company doesn't go into TH over a wimpy result.

I'm no banker but could somebody quantify in market cap terms what perceived SP effect the result could have, that would in turn warrant a TH?

I'm guessing it's a perceived movement of $100m market cap, and in that case I believe they would have hit massive sulphides of a secondary deposit.

IMO
Holding: HOR RWD POS DRK SIR