We shall see if the Trading Halt is over the top or not @Cocky5 , as I think most would suggest, it really depends on the grade and thickness plus how deep or shallow the intersection is. For instance:
10m @ 0.6% Cu whether by pXRF or by lab assay - I agree is not worth a Trading halt
100m @ 0.6% Cu whether by pXRF or lab assay is possibly material or at least debatable.
30m @ 4% Cu whether by pXRF or lab assay is material in the overall scheme of things given previous results and the style of mineralisation
They didn't think the pXRF results of 50m @ 1.32% Cu was worth a trading halt, but they did whip it out quickly as an announcement with pXRF results so that news from the rig and or lab cannot leak, so I would guess that in Warlands opinion, this is 'more material' or 'more sensitive' than the 50m @1.32% Cu if it's a trading halt.
Add to My Watchlist
What is My Watchlist?
