OZM 16.7% 4.0¢ ozaurum resources limited

Ann: Diamond Drilling Extends Mineralisation at the Demag Zone, page-16

  1. 4,142 Posts.
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    Todays drill results was pretty average, thankfully our drilling cost are low!
    Shifting to higher grade or more refined targets is what I'm reading from todays announcement and I feel there's a certain degree of pressure to do just that as when the market turns ugly like this it's pretty terrifying to think many explorers will get their market cap trimmed to cash at bank and for us that's 4.3m!
    I picked up a few more today and it's uncomfortable to say the least. Interest rate induced USD strength is crippling the Gold price, somethings surely going to break soon with loan cost decimating house prices. Must be getting close to a fed pivot imho.
 
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