OBM ora banda mining ltd

Ann: Continued Exploration Success at Little Gem, page-4

  1. 7,069 Posts.
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    Stunning result. Lets look at the detail since you obviously do not look at the detail buried in the announcement.

    Of the hits they had the grams times metres were about:

    up to 0.9 g*m - 36 hits
    between 1 to 1.9 g*m - 15 hits
    between 2 to 5 g*m - 25 hits
    between 5 to 9.9 g*m - 14 hits
    between 10 to 19.9 g*m - 2 hits
    between 20-54 g*m - 0 hits
    55 G*m - 1 hit
    nothing over 55 g*m

    There were multiple hits in each hole but they were mainly spread over 100m to 350m.

    Even 55 g*m is a very much a mediocre result especially for an UG mine.

    Average g*m is about 3.5 - for any mine that is a poor result.

    You like pumping the headlines but not the reality.


 
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