AXT 0.00% 1.4¢ argo exploration limited

talk strategy, page-7

  1. 13 Posts.
    IMO opinion Winjabbie East has to be more than 10% probability of success, and more like Gunshow's 90% given it has been proven by the IHAD8 hole that the gravity feature is "known to reflect a copper-mineralised IOCG system."

    So while the Oak Dam hole got jack all and was 100% speculative (well predicted by the way blueskybaby), Winjabbie East has been proven to contain IOCG. The question is how much and what grade (they've found meter increments from 1-2.8%).

    Sorry for repeating much of the announcement, but going on the information it contains I think you could up the probability of success from 10/1. Although it's always safer to be pessimistic!
 
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