PXX 10.0% 0.9¢ polarx limited

Ann: First Mars hole hits more than 400m of porphyry-style veins, page-34

  1. 1,898 Posts.
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    what are peoples thoughts/ expectations on assays ?
    my 2c worth is i think about 90m worth at 0.5% cu and sinilar gold, with the first 300m being your usual 0.15% cu .

    im just mindful the company continues to say this appears to be close proximity to a porphyry deposit so they are sort of not labelling this a porphyry discovery hole just yet.

    thats my take anyway.

    for what its worth, i expect Lundin to take the option up and move into year 1. spending US8 mil and providing PXX with $2m US

    their tin should have 6m AUD , well full for a solid zackly program to kick off as soon as the freeze melts.

    PXX has enough hope now imo to maintain a valuation around 7-9c over the Alaskan Winter.

    GLTA
 
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