CXO 0.00% 10.0¢ core lithium ltd

Ann: Global Institutions back Core Lithium $40 Million Placement, page-375

  1. 1,773 Posts.
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    I don't want to rain on anyone's parade, but the gold assays have always been of secondary concern to me. I am of the opinion that although the idea of gold has helped boost the share price, the underlying strength is in the lithium and closeness to becoming a producing miner.
    Whatever the assays return, it may not move the SP much and indeed may cause some to bail.
    These are assays reported today from a company I have an interest in and they damm good. The shareprice retreated on this ANN.


    69m @ 4.38g/t Au [181m] in BCRD467 including 19m @ 7.22/t Au [204m] 56m @ 2.69g/t Au [181m] in BCDD372 including 18m @ 4.85/t Au [203m]55m @ 3.21g/t Au [175m] in BCRD468 including 8m @ 7.56/t Au [179m]53m @ 2.14g/t Au [147m] in BCRC46645m @ 2.25g/t Au [259m] in BCRC475 including 5m @ 10.77/t Au [261m]34m @ 2.48g/t Au [170m] in BCRC470 including 4m @ 7.75/t Au [170m]21m @ 6.07g/t Au [264m] in BCRC476 including 2m @ 47.83/t Au [268m



    It would be good to get similar results, but I'm not hoping for a major rerate from the gold prospects at this juncture.
    DYOR. My thoughts only
 
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