SPQ 22.2% 0.7¢ superior resources limited

Thanks for doing that Goldie. I raise the point, again, as to...

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    Thanks for doing that Goldie.

    I raise the point, again, as to why the sell-off has happened, essentially anyway.

    No-one really knew what the purpose of DD7 was. The market knew, or at least could infer, that it was because what was found in DD3. However, why was it going so deep? The popular conclusion reached was that it was going deep looking for evidence of a core. That being so, the result would have greatly disappointed many holders, and at the same time turned off wary buyers.

    However, the market found out yesterday that as well as testing the downdip extension of the mineralisation found in DD3, its other purpose was to probe for deeper mineralisation north of the historical copper zone exposed on surface.

    It can be reasonably concluded, imo, from this second part that it was not looking for any core evidence. Instead, it was going deep to see what mineralisation, if any, was deep and to the north outside the mineralised outcrop. Figures 2, 3 and 4 assist in understanding that.

    This apparent 'failure' outweighed the positive findings and prognosis about the mineralised part of DD7.

    That being so, the sell-off was unwarranted imo. However, it has cast a shadow over things.

    Now we wait for the 2 quarterly reports to see what they say.
 
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