AYT austin metals limited

Ann: Commencement of RC Drilling at Stephens Trig Zinc Project-SCI.AX, page-4

  1. 1,020 Posts.
    can you guys give me any idea about RAB drilling, what time frame before news, what kind of results it gives? apologies I know sfa about exploration

    taken a small punt on this one based on zinc getting more exposure (the index got cooked last couple of days and it's taking a breather at resistance but long-terms trend looks good with those LME warehouse charts)
    http://www.**promotion blocked**metals.com/charts/zinc_historical_large.html

    saw this chart spike on volume after the drilling ann 06/04 and it's held the top of that candle well, with almost no volume / no supply since... won't take much in the way of news or volume to send it to 040. i'm just not sure what kind of news RAB drilling gives us?
    thanks

    Screen Shot 2016-05-05 at 8.36.50 am.png
 
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