Yet on your own preferred stock, you often highlight cross sections...
@WowVeryJosh ... "Cross-sections would only cause punters to over- or under-exaggerate"
So people only over and under exaggerate, none of us ever bother to try and work out accurately, what the numbers come in at, and get it close..
I've seen MRE come out that are vastly smaller than most punters think, usually because of variations from hole to hole with the estimations not taking into account how the krigging used will reduce the overall initial MRE.
Most resource companies do include cross sections from various places across the strike and some also include cross sections along strike. I haven't seen you complain about the cross section inclusions of Azure, why is that?
I've seen some terrible cross sections over exaggerate the size of mineralisation in official announcements by a factor of ten, because the company wasn't careful with their scale. Yet I've also seen some very accurate ones that are very helpful.
My suspicion is we will get the cross sections with the initial MRE so that "punters" (obviously none of us are investors) can then make up their own mind how big this can grow with follow up drilling..
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Open | High | Low | Value | Volume |
48.5¢ | 49.5¢ | 47.0¢ | $1.088M | 2.268M |
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No. | Vol. | Price($) |
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7 | 34858 | 47.0¢ |
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Price($) | Vol. | No. |
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48.0¢ | 19000 | 1 |
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No. | Vol. | Price($) |
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6 | 34358 | 0.470 |
3 | 27504 | 0.465 |
1 | 37000 | 0.460 |
3 | 36294 | 0.455 |
2 | 9 | 0.450 |
Price($) | Vol. | No. |
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0.480 | 19000 | 1 |
0.485 | 10520 | 1 |
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