PDY padbury mining limited

high grade haematite found, page-14

  1. 3,277 Posts.
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    DDzx, I agree, and gave you a thumbs up, but somebody had already given you a TD.
    Funny how some posters only see what they want to see in announcements, rather than taking a balanced view of things.

    The announcement says;
    "The elevated phosphorous is not ideal for this style of mineralisation but may be a result of surface enrichment. To assess if the phosphorus is also elevated at depth a number of RC drill holes will be required."

    It would be prudent to wait for drilling results before getting overly excited about this.

    Call me suspicious, but I would expect this lead up to JORC might be choreographed to some extent, to maximise interest with both this mystery cornerstone investor and the market in general (us), who are all feeding off each other.
    But no, they can't possibly do that.
    Can they.

    I wonder how many day traders got caught today buying in at 039/040, only to see it slip away so quickly?

    Patience is the key, and running information through a low-pass filter.
 
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