@John8769
"we are lower in the system than I was expecting"
Correct, I think it took WTM by surprise to see copper introduced into the system (py>cp) and hematite (red rock) with other inner propylitic path finders within 150m of surface, now they're taking a conservative approach of small step outs to chase it down-dip. (I must be honest, it took me by surprise too and why I entered late but happy to keep buying)
Are they really close to the potassic core?
The other exciting part, mineralisation is not buried by useless overburden, at ALK's Boda-Kaiser there's +75m of worthless material to strip though before getting into low grade ore of 0.2-0.4g/t AuEq, at SPUR we're seeing 0.4-1g/t Au from surface (think low strip ratio for open pit).
I'm comfortable if the share price drifts lower until new assays or as others suggest a capital raise because I know the more they drill, the deeper they go, the better it will get.
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Last
31.0¢ |
Change
0.045(17.0%) |
Mkt cap ! $72.38M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 31.0¢ | 27.0¢ | $114.7K | 402.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2646 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 120336 | 3 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| WTM (ASX) Chart |