NWC 0.00% 3.2¢ new world resources limited

Ann: Exceptional New High-Grade Drilling Results at Antler, page-20

  1. 2ic
    5,735 Posts.
    lightbulb Created with Sketch. 4711
    I wonder why MH finally admitted holes ANT111 and 113 closed off the deposit at depth over a year after they were drilled? suppose by now everyone who counts was in the know and it's time to prepare for the pending MRE downgrade... who knows, not the mushrooms.

    that last MRE was a shocking cowboy effort imo, spread it way too far south and appeared to conflate grade variography with ore shoot geometry in smearing grades far and south. the real news in this update was all the holes closing off what was erroneously sold as "completely open"... LT upside heavily depends on ability to chase Antler main into the BLM Nature Reserve.

    Copper is getting a kicker as it was always going to, and it seems CBs are happy to run the economy hot, look further out to lower inflation and generally support fiscal stimulus efforts that will keep growth and metal prices high. right commodity, hopefully no nasty surprises in long delayed PFS as we crawl towards permitting, measured MRE and DFS...

    GLTAH
 
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