PUR 11.1% 0.4¢ pursuit minerals ltd

Ann: June 2021 Quarterly Reports, page-36

  1. 8,635 Posts.
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    Well what a week we just had.
    SP well and truely on the roller coaster ride and finding it hard to get off.
    Quarterly came out and as usual extremely positive including updated MLEM results with drill targets and with PHILs HILL to get 5 of the 8 drill targets.
    Oodles of cash in reserve 8.9M to play with for a while.
    Downside for the week was that the drilling has been delayed for 2 wks due the current wet weather cycle.

    Below is the forecast for the next week and historical data showing about average rainfall for the month.

    https://hotcopper.com.au/data/attachments/3374/3374060-15027076b0a828c44d1561204f26b0b9.jpg
    https://hotcopper.com.au/data/attachments/3374/3374061-33748fd04d533dfe7a2e402833848099.jpg
    Cutting it a bit fine with the weather delay to get the oppies in the money. Visuals seem to be the best bet with massive sulphides over a reasonable width being anned. Lets hope this is so.

    Can they pull a rabbit out of the hat to get the oppies converted.??????

    Just on the drilling, a bit surprised that its 8 holes for 1500m being less than 200m/hole. Wonder why no testing to 300-400m like Julimar.???? If results stack up can we see another round of quick drilling.???
 
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