BAR is mobilising two rigs to the Riverina prospect mid next week to complete some RAB and RC drilling. The RC drilling will consist of three holes - along strike, down dip and down plunge of their recent Ni hit in hole No. 28. I checked out the history over the last 18 months in four separate drilling campaigns with holes (No.4), (No's 5,8,9,10, and 11), (No.27) and the latest (No. 28). and it shows a well planned progression towards a possible significant nickle find.
I feel as usual there will be some SP upside as the drilling draws nearer.
The potential of some significant hits is probably better than 50% and that would see a better than doubling of BAR's current SP.
I have my bait in the water.
BAR Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
