i think we might hit IOCG or rareearths. Its very difficult to predict, what is under the ground.
WA1 were looking for IOCG deposits and thought they had hit mineralisation in their drilling program. Instead it came back as Niobium/rareearths.
WA1 were in the same boat as CGR 12 months ago. Most people were not holding WA1, when it was sub 20c. Even when it was 30c-50c people were selling away, as they did not understand.
You bought WA1 in the $5 range i believe. I am pretty sure everyone who sold under $1, are kicking themselves severely!!
Ann: Compelling Geophysical Survey Results Precede Drill Campaign, page-238
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