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Ann: Gov NDIBK04 Data Confirms IOCG/ISCG Model for Mt Lamb, page-120

  1. 10,384 Posts.
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    With all due respect ladies and gents, I think we can leave discussion of personalities now. Plans are more interesting.

    World markets are strong, with GOLD holding well at a level above 1900 USD - and in accumulation. The chart shows that is often a prelude to another strong run up. Copper price too going up and with forecast of supply going down we are in a good place.
    But you know all that stuff of course.

    What really grabs me this morning is S&P500 and Footsie both look like they have cleared the pullback on Jan to March 2022.

    However, close to home there is nervous apprehension as Inca proceeds with its drilling campaign. That's understandable.
    After all we are trying to find a second Mt Isa without an outcrop.

    There are plenty more who would say we are nuts (I hope they stay away, I don't want to hear) but we are using new high tech methods the people who found Mt Isa or Broken Hill did not possess. I say Mt Isa probably would not have been discovered if the outcrop was only moderately under cover.

    The program ahead is extensive - after Roadhouse and Mt Lamb1 there is drilling at Jumping Spider, Mt Lamb 2,3,4... and if that is all just black shale then (like at Mt Isa) we need to look nearby at Desert Creek and Plains Target.
    All that and then finally we have JE, HR and Mac Creek - where we do have outcrop, and nearology.

    Chin up, hold tight but do DYOR and stay within sound financial bounds.

    https://hotcopper.com.au/data/attachments/4253/4253834-c3f3f700c0047e160b9be595deb52fc7.jpg

    Last edited by JandJ: 11/04/22
 
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