IMO this hole had two targets -
1. To continue the drill out towards the large conductor. Successful but they seem to have only clipped an edge.
2. To start testing the graben faults. (recall a graben is a sunken area bounded by faults, usually explained by spreading of the crust)
This 'district scale' deposit will not be fully explored until the fluid pathways through those faults is fully understood.
Looking at the chart I see that Heiken Ashi candles say all is well. Yesterdays candle had long upper and lower tails and is saying to me not to take too much notice because it is an abnormal day. So far today's candle suggests that we are following the upward trend.
Recall that HA attempts to obliterate strong swings in sentiment. I watch but don't put much weight on TA in a strong discovery environment.
My views only - definitely not advice.
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IMO this hole had two targets - 1. To continue the drill out...
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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12.0¢ | 157000 | 2 |
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No. | Vol. | Price($) |
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8 | 1572500 | 0.105 |
8 | 690061 | 0.100 |
1 | 200000 | 0.095 |
1 | 6000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 157000 | 2 |
0.125 | 214619 | 4 |
0.130 | 819251 | 8 |
0.135 | 483795 | 9 |
0.140 | 962469 | 8 |
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