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Ann: Dark Horse Acquires Strategic Position in NZ Gold Projects, page-60

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Mattminton79

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08/09/20

15:15

Post #: 47177306
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Originally posted by Merlin88: ↑

You really want to concentrate your research energy on the first Finnish tenement, Hopeavuori. Right now we are funded to drill this....the cost was the latest CR releasing around 1.25 billion new shares raising around 2m which, at the end of the day wasn’t much bang for buck and imo will only allow for a moderately comprehensive drilling campaign. Imo forget about drilling any of the Argentinian prospects with this latest CR money, or any of the other highly encouraging tenements for that matter. Even the company conceded in an investor/corporate presentation ann earlier this year that to drill the Arg prospects properly the cost is approaching 40-50 million so is the reason JV’s are being sought. Drilling is very expensive in remote Argentina, for those that don’t believe this check DEG’s (look at them now) announcements circa 2014 - they completely bailed out of Arg (we even secured some of their old tenements) as they viewed exploration there just too much of a drain on the company purse. So to further this company to the next milestone with higher value CR next raise we really need Hope east and west to kick some goals. I’m quietly confident they will as the previous work done there has comprehensively proven there’s high grade gold present in good quantities but not yet economic.

Interestingly the high quality geo and drilling reports previously available from Sotkamo and GTK cannot be found anymore (I assume DHR hold legal rights to them now) but I read them a lot and the quality was as good if not better than many Jorc compliant documents I’ve come across. Some much older ones are still there at GTK but haven’t the same depth of research as the other now unavailable ones had.

It pays to be informed at this end of the market as the rug can be pulled out real quick, any newcomers,and I take it there are a few from reading these threads of late, take note.

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Very good points.. agreed the Finland/Sweden tenements are the ones to focus on..

That announcement plus the TA was the catalyst for me to pull the trigger..

DHR Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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Ann: Dark Horse Acquires Strategic Position in NZ Gold Projects, page-60

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

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Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX hits all time high out the gate on Friday trades following bullish US inflation data

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Ann: Dark Horse Acquires Strategic Position in NZ Gold Projects, page-60

Top Stories

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

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Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Immutep reports strong response rate from immunotherapies treating carcinomas

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