LTR 0.00% 83.5¢ liontown resources limited

Ann: High grade gold confirmed at Moora, page-26

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  1. 2,945 Posts.
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    The problem is we knew about the 21g/t before, and no new drilling has managed to match it. There's lots of work to do with deeper RC drilling and the shallow AC drilling hasn't really shown the near-surface anomalies they were hoping would guide this deeper drilling. From May to July farmers start planting wheat that will not be harvested until November, so the operating window is closing fast.

    People with CHN-nearology holdings should consider what trend the tenements are on. Yarawindah trend (DEV, LSA, CPN) might be better than Mt Yule or Bindi Bindi trend (TRT, PUR). It'll be good to see DEV's results. The Goyder stable will probably let the market digest these results before dropping them later this week(?). All IMHO, but it gives anyone with a bit of geological knowledge a few things to consider.

 
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