GCM green critical minerals limited

Ann: DRILLING INTERSECTS WIDE MASSIVE SULPHIDE ZONES AT ALOTTA, page-104

  1. 205 Posts.
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    Can we get your prediction for the % nickel copper that the assays will produce? Because it seems like you're super confident in saying they will be next to nothing.

    For historical context, here are excerpts from an announcement on the 16th October 2018, by the company when they were trading as Top Tung (TTW).

    As with yesterday's announcement, they provided an early visual assessment of the cores and as they did yesterday, they stated that they had identified massive sulphides.



    https://hotcopper.com.au/data/attachments/1799/1799074-d085363d7f0a61a5794c3d34c595303a.jpg



    Further down the announcement they wrote the following, which included the controversial phrase "pyrrhotite-pyrite-chalcopyrite". this apparently meant they had found worthless rubbish of no value.

    https://hotcopper.com.au/data/attachments/1799/1799078-1e054e1d536c0d24f90d8e5015721a42.jpg

    However, on the 13th of November they released this, in which you can see that the holes mentioned in the preliminary release, returned very respectable nickel/copper percentages.

    https://hotcopper.com.au/data/attachments/1799/1799092-af0f712fc442244ccae8f08f61a705dc.jpg

    It's going to be super weird if the mineralisation they reported yesterday from the same area, doesn't end up being of similar grades to last years finds.
 
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