I don’t understand why people expect the first hole to hit so big. I think of it like, ok the first hole is a guide for future holes and gives the company a lot of information to use on the next hole and so on.
It’s all about building a picture of what you can’t actually see below the ground. It takes analysis to work out where the mineralisation may be.
it’s like throwing a dart at a dartboard blindfolded on the first hole. As they drill more the blindfold hopefully gets lifted a little more until we perhaps find what we want.
- Forums
- ASX - By Stock
- PUR
- Ann: Progress Update Phils Hill Diamond Drilling
Ann: Progress Update Phils Hill Diamond Drilling, page-198
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
64 | 65319058 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12969036 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
63 | 64819058 | 0.002 |
22 | 47149950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 12969036 | 13 |
0.004 | 37329821 | 34 |
0.005 | 15178720 | 13 |
0.006 | 11542850 | 5 |
0.007 | 3699472 | 6 |
Last trade - 16.12pm 18/10/2024 (20 minute delay) ? |
Featured News
PUR (ASX) Chart |
Day chart unavailable