SUM 2.70% 18.0¢ summit minerals limited

Rock chip samples are in fact indicative of possible grades- but...

  1. 1,830 Posts.
    lightbulb Created with Sketch. 485
    Rock chip samples are in fact indicative of possible grades- but just one piece of the puzzle. What they don't show is precisely how much is in the ground, how spread out it is etc. Whilst the drilling samples will shed the proper light on the matter it is not uncommon for drilling results to confirm what the rock chip assays were indicating. Looking at it from another angle are you saying that if these rock chip samples were poor they should still go ahead and drill?
 
watchlist Created with Sketch. Add SUM (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
-0.005(2.70%)
Mkt cap ! $12.93M
Open High Low Value Volume
18.5¢ 18.5¢ 18.0¢ $104.9K 582.7K

Buyers (Bids)

No. Vol. Price($)
3 99583 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 100000 1
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
SUM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.