CXO 4.35% 11.0¢ core lithium ltd

Ann: Core Acquires six Highly Prospective ML's Adjacent Finniss, page-47

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  1. 3,577 Posts.
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    haha, we finally have some results…

    SUMMARY

    these INITIAL results are disappointing. In terms of bang for your buck:

    * we would want better results than this if we are spending $10mil on drilling
    * we would want better results than this if we are gonna go through with the $5mil acquisition
    * we would want better results than this if we are gonna hit that conceptual exploration target of 9.2MT - 16MT.

    In saying all of the above, these are INITIAL results. Like the ann says, there are 4,000 assays, so hopefully future results are a lot better. And as others have said, for management to commit to the acquisition must surely mean that they have seen something visually in other samples that they like yet don’t have results for.

    Can’t get winners every time…so time to look to the other results.

    assays pending at Annie’s, bilatos and Saffrums, located on and along Sandra’s trend. Fingers crossed for better results, especially at Bilatos. If Bilatos is an 800m peg and is mineralised, this is double-triple the strike of grants and BP33.

    And if these other targets are a duster, perhaps management can finally listen to some of their shareholders and punch some holes into Barrow Creek. After all, with hundreds of millions in the bank, what’s another $500k to see what we have at Barrow Creek

    IMO

    GLTAH
 
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