CYM 0.00% 4.5¢ cyprium metals limited

Ann: Encouraging Drill Results from Trenggalek Go, page-22

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    re: Ann: Encouraging Drill Results from Treng... rabbitoh...

    As I said the other day, in context, ARX's results were not that shabby...they just need more of them and of course, a few high grade pods to help give the project a kick in the pants.

    I suggest ROL would have holes with similar results to ARX's first 2.

    Today's hole from ROL reveals an interesting comparison with ARX's recent hole...

    ARX: TRDD-001 - 70.4m @ 0.82g/t Au and 6g/t Ag

    ROL: LWD-062 - 82.5m @ 1.05 g/t Au and 34g/t Ag

    The former saw ARX sold off savagely, yet the latter saw ROL add 20%??

    lol.

    There is actualy not that much of a difference here...and I think I would prefer to have such results as a first hole, not a "record hole" after some 63 holes have been drilled!

    Clearly, ARX need to hit some higher grade stuff, which I am sure they will, but given the size of the area they are targeting and significant results from previous geochem, I am confident they will.

    ARX way undervalued given their potential in my view.

    Just a waiting game now.

    Cheers!
 
watchlist Created with Sketch. Add CYM (ASX) to my watchlist
(20min delay)
Last
4.5¢
Change
0.000(0.00%)
Mkt cap ! $68.61M
Open High Low Value Volume
4.4¢ 4.7¢ 4.4¢ $240.2K 5.283M

Buyers (Bids)

No. Vol. Price($)
2 80799 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 111111 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CYM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.