Yeah, so all eyes are on SUM now and there will be plenty of anticipation and excitement as they plan and execute a maiden drill program after the rock chip samples. Watch the best and worst of HC posting ensue, as the pumpers hump the leg like a horny Jack Russell, and the down rampers keen to get a lower position sprout anything they can to try to sew seeds of doubt and push the price down. Everyone has an agenda.
Rock chips are rock chips, not to be confused with proper drill results of course, but in this case they are high grade and the right minerals, and market has reacted accordingly. Plenty of punters would have stiffened in their chair a little yesterday morning.
At a 19m MC with a low free float, it's still pretty micro, and everyone is thinking WA1 in the back of their mind. Even if it gets half the way, those are going to be monster gains.
Strap in, it's going to be a crazy ol' ride.
Ann: High grade Niobium results from Equador - Brazil, page-230
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