Not sure there has been enough drilling yet to say economic or not economic. In fact I am sure there hasn’t. If the value of the swing in market cap over the last week were put into drilling holes then there might be something worthy to talk about on economic or uneconomic. Right now holes need to be drilled. $20 million would be plenty to get a handle on things. Will have to see how the next few holes go but this isn’t economics 101. It’s called a pencil porphyry from listening to PD. It must be a bloody big pencil. Anyways looks like they are sharpening the pencil in any case. If the lead breaks off grind it back and do it again. The first programme delivered quality hits. Just need the second to do the same. It’s the right rocks and right now it is only a lesson in geology. The address is right.
WTM Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
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