Here's Some Weekend Reading for All
4CE's had an absolute dream run this week and went up 100% in few days.
For the people wondering why the sudden SP hike with no announcement here is my explanation below. Thursday 20/05, @HC_Pevaix from Twitter found out 4CE's forgotten HALLS PEAK Zinc/Lead asset in NSW had OUTSTANDING historical asseys from 6 drill holes in DEC 2016, which were neglected when the company shifted its focus to Lithium in 2017.
But the recent Major Earaheedy Discovery by RTR may have shifted the focus back to Halls Peak.RTR went from 10c to 80c on the back of their Earaheedy Major Zn+Pb Discovery from 45mil MC to 450mil MC. To me all 6 of these historical HALLS PEAK drill holes asseys back in Dec 2016 have better and shallower mineralization than the RTR's first 2 asseys.(Please note RTR is awaiting results for 24 more holes and ALL showing Zn+Pb mineralization and have a much more advanced project than Halls Peak).
In summery so far
RTR Earaheedy Results (24 more pending)
EHRC050 - 34m @ 4.22%Zn+Pb From 68Meters
EHRC050 - 21m @ 4.31%Zn+Pb From 61Meters
RTR MC $420 MILLION
4CE Halls Peak Dec 2016 Results Below
SG01- 43m @ 5.06%Zn+Pb From 2Meters
SG02- 47m @ 3.91%Zn+Pb From 21Meters
SG03- 102m @ 4.40%Zn+Pb From SURFACE
SG04- 45m @ 2.91%Zn+Pb 34.9 From 8.8Meters
SG05- 33m @ 6.66% Zn+Pb From 7Meters
SG06- 99m @ 3.59 Zn+Pb From 6.1Meters
4CE MC ONLY $29 MILLION
IMO market is realising if RTRs(although much advanced projects)values around $420mil then 4CE Halls Peak Asset with better grades should value at least 10% of RTR until the next step of exploration which explains recent buying interest in 4CE.
Please note I have used the RTR Earaheedy Zn/Pb asset results to highlight how undervalued 4CE is, NOT to undermine the RTR which is run by a very capable management team and has a major discovery on their hand with well deserved $420 million MC.
Hopefully 4CE 's NEW Management Team led by Rob Martin(he managed to take SUV from 2c to 22c)can do the same for 4CE(Soon to be renamed Critical Resources Ltd) on the back of Halls Peak and our fantastic Copper Projects in Oman.
Any other opinions or if anyone can add anything constructive to this discussion would be much appreciated
ALL IMO & AS ALWAYS PLEASE DYOR
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