REZ 0.00% 2.8¢ resources & energy group limited

Ann: High Grade Find at Gigante Grande Peak Result [email protected]/t au, page-54

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    Yep its a good result, the release itself is a bit "clunky" but from the basics of the cross sections and grades and considering this is early exploration its pretty encouraging, and the market reflects that. I think their claims of 100m in width might be a little optimistic but more assay results to come so we should know in the next few weeks.

    Funnily enough I had done the research on the QLD ground but hadn't really looked at the WA stuff in much detail and its these results that have really got a large market reaction...

    Makes you wonder why Paddington Gold walked away from these sort of results in the 1990s - "including 21m @7.1gpt from 36m, 8m @6.9gpt and 1m @ 49.9gpt from 135m (MERC008)"
 
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