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Ann: Butchers Creek Success - Step Out Drilling Unlocks Resource, page-6

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ProCapitalism

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04/02/25

14:54

Post #: 77699497
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Originally posted by BrucieKibbutz: ↑

This was never going to be a quick drill a couple of holes and lets get straight to it.
This is kicking the tires and hope we get lucky while waiting (hopefully) for the nickel price to recover and give us something to do for a few years while we wait.

This is also what i was talking about last drill announcements, the proof will be when they go looking away from the existing lodes not doing Infill.

Whilst this is not a total bust the most relevant thing for me is page 11 cap. Golden Crown and Mt Bradley giving no significant intersections. and butchers creek only delivering decent intercepts at depths that will be expensive to drill and to access without a good plan. That all equals long timeframes and plenty more dollars than we have at the moment.

I don't want to see to many 200m diamond cores with no intersects, that will torch money quick for no return.

My sentiment remains hold... not enough capital left worth selling, might as well leave it sitting here incase luck comes our way..... Not a wise investing strategy but it helps. When the hat is being passed around next time it will take some oppies or a sweetener of some kind to get me remotely interested in tipping in more.

Might seem harsh but I've torched a lot of money in the last few years so I cant afford to keep doing it.

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So they're going to distract the masses as the company's business plan collapses? Sounds familiar. I wonder where they got the idea from?

So what's the plan? They're going to play around in the dirt & pretend to look for gold? Wait for the lithium & nickel price to recover?

So mining lithium or nickel by 2040 then? Elon might be on Mars before this Co lifts a shovel?

WIN Price at posting: 2.0¢ Sentiment: None Disclosure: Held
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Ann: Butchers Creek Success - Step Out Drilling Unlocks Resource, page-6

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