SGQ 3.23% 3.2¢ st george mining limited

Ann: Drilling Success Continues at Mt Alexander, page-66

  1. 2,973 Posts.
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    Few questions.

    We know if drilling hits nothing the SP will pull back but my question is what if drilling hits something good.

    If they prove up another 17-20 of ore at good grades, what will this do to the SP?

    More importantly as someone hoping to hold for awhile. If further holes hit the sweet spot, what would we be looking at in regards to SP?

    Further to this, if the other targets come up, where to from there?

    I suspect that the drill crew have done a hole or two and the core would give them a good picture. A TH tomorrow morning will certainly be both good and bad.
    Good- we have most likely hit the good stuff.
    Bad - we may have to wait 2 days before being sure of which model of Ferrari we will buy!
 
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