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20:02
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Originally posted by mamba
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Been hot in the inland Pilbara as usual in recent weeks, and now a little rain too to slow things up. Dec/Jan holidays slows things down a bit too, and in Perth too with the assays we are all waiting upon. Only a week or two more now to wait but share price obviously a plaything in the market during the current void of news atm.
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Mamba A fair summary and how I imagined but two things don't add up- Why are they saying all the gold is in the bottom 40cm of the conglomerates - If that is the case the rich surface material with the trenches and all the nuggets is in the same stratigraphic horizon as the bottom of the conglomerates adjacent /along strike. And why no metal detecting -no glitzy announcements from all the trenches excavated weeks ago - quite obvious no gold along strike or they would have been shouting it from the rooftops. In essence it apears to be closed off - a small very high grade area but not the sort of tonnage we were expecting. I still believe in the Pilbara wide gold story and Comet Well might save the day but ARV without some exciting news on Purdys of which we are not privy or some stunning results from Oscar Wits or Elysian will struggle with its present market cap.
(20min delay)