SUM 9.62% 23.5¢ summit minerals limited

Ann: Further High Grade Assays increase prospectivity at Equador, page-52

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  1. 3,380 Posts.
    lightbulb Created with Sketch. 1080
    Perhaps, but there's also a very predictable discovery cycle happening here.

    Rockchip hype (because of the remarkable success of an outlier - WA1). Extra rockchips won't move SP again.

    Time passes, SP declines

    Permission to dig costeans arrives. Possible visual mineral ID and quantity. Wait for assays...

    Good assays = worth drilling, SP goes up again
    Bad assays = "encouraging results", project strategically shelved, or maybe one or two drill holes just to be sure.
 
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