The Ricciardo longsection is looking a bit thirsty. those grades aren't viable to mine in an underground environment. In saying that, its early days and lots of open ground for further growth and discovery.
i am more confident about the M1 cross-section. recent diamond tale of 9m @ 8.93g/t (~80 g/m) is certainly a positive and it looks like the structure continues down dip. lets hope grades and/or thickness continue to increase here. Second hole @ M1 was drilled up dip of the above result and failed to hit anything of significance. it would've been nice to see the second diamond tail plotted up on a cross/long section or plan view map.
I think the sell off today is a bit of an overreaction, coupled with an easing gold price this morning.
this things is in a good region with favourable geology and close proximity to a number of bigger miners that may be looking to fill their mills in the future.
rooting for WA8 and shareholders here. all the best
not financial advice, just an opinion.
cheers dfd
WA8 Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)