Ann: Aircore drilling commences at Alford Project, page-8

  1. 2,796 Posts.
    re: Ann: Aircore drilling commences at Alford... I'd almost favour farming out the work in this current market to minimize dilution at the current all time lows. I guess that's the safe option.

    I guess im a little worried that even if they do continue with significant discoveries the market isn't in a position where positive results will be rewarded, particularly the type of deposits that we are investigating. I have a feeling that juicy 1.5% plus Cu hits, rather than bulk tonnage 0.5% to 0.8% type grades are whats required to sustain an upswing at the moment.

    On the bright side - look at that basing pattern over the past 6 months. Lets hope the next move in the broader market is northward, helped along by some decent hits at either/both Alford and Lumwana
 
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