I think regardless of whether management decide to release visuals first or wait for assays before releasing them all, the SP will be strong, and this is because the market knows the additional drill rigs will cover more of the greenstone belt. Every time a new hole is drilled at Cancet and Adina is a chance to hit a monster hole like 005 and 007.
Adina’s strike is most likely longer than Cancet as the mineralisation seems to match up and extend to XTT’s pegmatites and the close to doubling of Adina’s planned drilling will confirm that. Every step out drill hole in all directions at Jamar potentially adds a few MT each time to the resource by mid 2023.
Hence the claims around Cancet and Adina are selling like hotcakes.
So people will decide for themselves whether they can pass up this severe upside risk and sell because there hasn’t been an announcement knowing perfectly well that many holes are being drilled to 300m depth as we speak and a lot of those have the potential to be monster PMET sized holes (100-160m plus).
I’m perfectly happy with my 700K shares!
Not advice!
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-1805
-
-
- There are more pages in this discussion • 29,680 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 WR1 (ASX) to my watchlist
|
|||||
Last
70.0¢ |
Change
0.020(2.94%) |
Mkt cap ! $151.4M |
Open | High | Low | Value | Volume |
68.0¢ | 70.0¢ | 67.0¢ | $265.3K | 388.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6045 | 68.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 598 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6045 | 0.685 |
1 | 4044 | 0.680 |
4 | 17936 | 0.675 |
3 | 16544 | 0.670 |
2 | 34512 | 0.665 |
Price($) | Vol. | No. |
---|---|---|
0.700 | 598 | 1 |
0.705 | 2442 | 1 |
0.710 | 14000 | 1 |
0.720 | 87800 | 3 |
0.740 | 1967 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |