Hi Stratopher, I guess they essentially gave a clear indication of the assay results in that Qrt report, which is an unusual way to do it but they did it regardless. It gives results from one core showing very low grade mineralisation but with clear evidence of heavy alteration by iron containing fluids etc. It then suggests that visually, the other two cores are quite similar. It strongly suggests that it is an iron based fluid that is low in economic mineral content that was driving the geophysical signature of their drill targets in the area, so more than likely, these next two cores will have similar results to the first one. Hence the sell-off. SER has always been a punt, I guess the smart money comes and goes, but there is always another chance in the next round of drilling or in the next province, so I'm holding for the long-term as usual.
SER Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
