Yeah, these announcements are all fluff. It’s a pathetic attempt to pump the share price up for a capital raise but investors are realising this has been done many times before by this company.
If they truly believed this resource was big they would be drilling it like Swiss cheese to prove up a resource. I’m in an nickel sulphide explorer going from 11 rigs to 14 rigs (started with 5) to prove up a greater resource than they already have. They should be doing the same but it would probably be throwing good money after bad IMO and they know it.
Ann: 93% Liberation of Nickel Demonstrated by Initial Analysis, page-6
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