The first 4 holes tell us a lot. The previous 2 high-grade holes...

The first 4 holes tell us a lot. The previous 2 high-grade holes were followed up by these 4 holes. Each one had iron ore. 90> iron oxide should convert to high-grade iron ore. I have little doubt about AMD with this ground. Those holes would be hundreds of metres apart. Some of the surface targets are as good as I've ever seen in iron ore smack bang in the right rocks. This is a case of drill and assay to me. We won't see assay results for a while, but the company can drop out news on holes as they just did. These holes don't need to be 50m thick to quickly produce tons. I think 50m holes are coming here at some stage. These are my opinions, but there is nothing to suggest the geology won't perform. It's off to a good start.
China set a 5% growth rate. This didn't set iron ore on fire and nor did it sell off. That is a good thing Imo.
In the mean time, he has stated that he will build the team and drill the sh*t out it. Dyor.