this is pretty disappointing. while there are thick intercepts that may potentially have an economic value they certainly aren't amazing and not high-grade, the saving grave is that there might be a wider area of similar grades and give a large area, plus being mostly from surface this may have a positive impact on any potential for extraction.
the kicker here, is that the area these results are from was the location of most of the high-grade Nb samples and to not find anything substantial is very underwhelming.
it's not over though as the other areas may provide something more substantial and maybe the market agrees given that the SP hasn't moved much, and honestly I am really glad it didn't plummet like lithium so it could have been worse!
Additionally this is still early days in WC area so there is potential but definitely not what many of us were hoping for. But there is the gold deposit which is getting some attention that could hopefully allow many holders to regain some lost value.
overall, this is not the best result, but it can serve as an important lesson within the market, as this is basically just straight up gambling. I myself was too much into this one, but that's the game. just keep learning and moving forwards.
hope you all have a good day despite these results
RR1 Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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