QML 1.52% 6.5¢ qmines limited

Ann: Drilling Intersects New Mineralisation, page-6

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  1. 717 Posts.
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    There is a big difference between what the company says and what they don't say, but we can read between the lines.
    QMines informs that there is visible mineralisation and presents us these photos of holes #14 and #15:
    https://hotcopper.com.au/data/attachments/3509/3509012-2913f5cd7bae0ea3fb69509b85e8f4b6.jpg

    What the company does not say, but what everybody knows:
    Exploration teams on site use handheld devices, like a Niton, which gives you an indication about contained minerals/metals. A geologist told me a while ago that the Niton value for Copper is a very reliable indication vs. the value for Gold is less reliable.

    So, as we can assume that the geologist on site also uses a Niton and they make us aware of mineralisation before announcing the laboratory results, the Niton values must have been excellent.

    By informing the market about probably good numbers, the company also avoids any fruntrunning risk, trading halt, ASX Query, etc.

    Conclusion:
    Looks like we will see soon very good drilling results for holes #14 and #15!

 
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