SVY 3.57% 2.9¢ stavely minerals limited

In regards to today's update I can't see that many positives!...

  1. 675 Posts.
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    In regards to today's update I can't see that many positives!

    The indications that the target has Classical Porphyry textures may be correct, but this doesn't mean that porphyry target will have any significant mineralization! No gold credits at this stage unfortunately, but a number of South American porphyries don't have gold!

    In the Summary it mentions that Economic copper could be intercepted! I don't think that this comment is warranted as creates an expectation that further drilling will intercept significant mineralization.

    Looks an interesting target, but not sure if/when any drilling success will ever occur. Suppose that's the risk one takes, but share price fully inflated on what they have to date!
 
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