GBR Ann shows 5 km strike approx (widely spaced holes) fairly ordinary Cu, Ni and Co Grades (sulfide) in drilling thus far nothing to get too excited about frankly IMHO:-
18m @0.82% Cu, 0.07 % Ni and 0.02% Co
10m @ 0.51% Cu 0.19% Ni and 0.06% Co
61m @ 0.5% Cu, 0.15% Ni & 0.05% Co 48m @ 0.75% Cu 0.20% Ni & 0.07% Co
So why did it run so hard. I'm not sure maybe a HC Pump by high profile posters or lot of uneducated money taking a punt or folks hoping the EM anomaly could turn up something high grade in subsequent holes ? Maybe are folks wowed by the strike length of the Geophys / EM Conductor ? .
Its a watch and wait for better results for me ... Especially given the double bag spike which is now being pegged back and rightly so Mcap $23.3m so not that expensive yet ...an fair enough as it hasn't much to show
Have not done indepth research here on this stock so may have missed something key on another project or this one...
