Ann: Andover Nickel-Sulphide Zone Extended, page-117

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blueskybaby

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23/12/20

18:57

Post #: 49788776
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Originally posted by Midnight26: ↑

I haven't researched it thoroughly because as I said before, I can't see how it's going to make it across the line with those wispy grades\geometry\continuity at that depth but that's just my opinion based on what I've seen. The lack of detail from mgmnt is no good and the $37M raise is a bit disconcerting as well. Why the massive raise? Is it because they don't have a lot of faith in what step out drilling will find? That would have been my signal to sell.

Once they've stepped outside of the remobilised zone (shear zone) what are they going to find. From what I've seen the remobilised sulphides coalesce into the more massive sulphides that create the anomaly. All the talk I've seen on these threads about "we're just on the edge of it" is garbage IMO. They're drilling in the guts of the anomaly from what I can see.

Has anyone found a comparable deposit (size, grade, depth) that's been mined? That's the big question surely that holders could be researching.

Hopefully the next hole is a ball tearer for holder's sake.

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of course they are drilling into the guts of it.
thanks for that you thoughts
I'm not concerned about the size of the cap raise. CHN went for a lot early and they were sitting on $25 million before they went and they have spent it already.
its exploration......i know the risks......thats why its prudent to take some back

Last edited by blueskybaby: 23/12/20

AZS Price at posting: 54.5¢ Sentiment: Buy Disclosure: Held
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