BSX 15.7% 2.8¢ blackstone minerals limited

Ann: Blackstone Intersects 45m @ 1.2% Nickel Sulfides, page-83

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    Blackstone will continue to test for shallow DSS targets at Ban Phuc and using the IP survey results has now commenced the second phase of deeper drilling to target high chargeability zones which correlate with the higher-grade zones within the Ban Phuc DSS.”

    Some results shouldn’t be far away now.

    On another note, Chinese Golden week holiday next week so expect some choppy metal pricing leading up to it, more importantly how they react after as the holiday will leave a gap of chinese buying..could be of interest.

    On another side note, listening to Scott on that RIY presentation he made the remark “we definitely wont be doing that” regarding shipping concentrate. It was said with much conviction. That only leaves a refining option (matte or sulphate/hydroxide) in country and it takes time and planning to build one of these plants and will require a partner so I am thinking either they are a) already in discussion with a potential partner, b) looking to sell the asset on positive studies or c)making up the timeline as they go along. I’m going with a)

 
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