re: Ann: Final Assays received at Lindeman...
They got some silver I see... lets put that in context at todays prices 62ppm Ag is Equivalent to 1ppm Au, in reality you want something going over 200ppm Ag, but it is only one hole and there could be more around it. At the weathering interface so it could be supergene enriched silver, maybe a higher grade structural host source somewhere in the region, but they would need to do a lot more drilling to get some vectors on that, if it exists. Its something but nothing to mortgage your house on.
The Cu, Co and Ni values do nothing for me.
I admit to knocking these guys mainly over past annoucements, but as many people say this is only the first hole. Olympic Dam was not found with the first hole, Western Mining were almost about to walk away, when one of their last holes of a 20 hole program hit the big one and the rest is history. Persistance can pay off, but can also send you broke if you are flogging a dead horse.
PRW Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held
