PRE 0.00% 6.0¢ pacrim energy limited

5 million buyer ..., page-13

  1. 2,758 Posts.
    lightbulb Created with Sketch. 665
    G'day Mr ParrotP,

    As you know I have been on the CQT train for awhile but I have to agree with you that PRE results look great.

    I took a large position at 5.1c a couple of weeks ago and I see a lot of great holes that match what CQT have now and in the early days. So the potential in m.cap increase for PRE is high.

    If you can help me to understand, the last hole assays that include 55m @ 3.6g/t were drilled over a small spacing of about 60m. Now CQT and a few other companies usually drill holes about 50m to 100m apart to get a faster indication of how open the mineralisation length lies. Then they come back much later and infill drill to get it upgraded with more accuracy.

    Is there any reason you can see why PRE are drilling holes so close to each other rather than say 50m apart? Is this normal?

    I hope this makes sense and your help will be appreciated.

 
watchlist Created with Sketch. Add PRE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.