OAR
Perhaps the smart traders today the opportunity today to sell before people had fully assessed the announcement.
Some illuminating examples from the report are offered;
- Halloysite was only reported in 24 out of 59 holes drilled.
- Very small intervals and mostly low grade.
- Only 3 holes were above 10%.
- Discolouration of the Kaoblinite may also be confined to distinct folds and only 4 holes had high Fe203, with most less than 2%.
The outcome is that further exploration will now need to be undertaken.
It may well rise but trade carefully.
By the way I am not a mining expert - this is simply what I scoured from the report.
V
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- Afternoon trading February 17
Afternoon trading February 17, page-632
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