LRV 8.11% 34.0¢ larvotto resources limited

Ann: High Grade Gold Results at Hillgrove, page-81

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  1. 4,342 Posts.
    lightbulb Created with Sketch. 6556
    Morning all.
    Just a disclosure for me.
    I sold here while we had a decent spike in the price.
    I still like the projects but I was hoping to see a much wider ore body develop in this drilling at Hillgrove.

    https://hotcopper.com.au/data/attachments/6164/6164567-03d2adde3864ce55d492c3dd9ca4c171.jpg
    What bothered me was the narrowing of that vein width which is typical these types of deposits.
    Finding another is difficult and costly.
    Monetising what they already have and then self funding exploration is the key from here.
    Mt Isa still looks a decent potential for discovery.

    Good luck all.
    Kind regards, Wack.

 
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