G11 g11 resources limited

Ann: Trading Halt, page-6

  1. 9,119 Posts.
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    Agree, they halted for 'good' results, but deep and that's how the market reacted.

    These are mineable UG widths. However, to build a mine you need min +10Mt @ 2% Cu. They do seem to have the depth, these VMS systems can go 2kms down (already some deep holes), the strike is slowly being proven along a 4km trend with many shoots. So what do they need to show? I think we need to see some thick hits +15m with really good grade +3% Cu and a few hits in the 7-10% Cu range to show the system has juice.

    I'm not holding my breath due to the past halt, but so far this is proving to be a fertile system and with little drilling - odds state they haven't hit the best yet.

    https://hotcopper.com.au/data/attachments/6576/6576314-d5c19b0bbb07fad346a13375ca31782b.jpg
    https://hotcopper.com.au/data/attachments/6576/6576350-0137accf72e4803be7a1de7cc6404d38.jpg


 
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