TEM 0.00% 0.8¢ tempest minerals limited

Ann: Meleya Update - Significant Discovery At Orion Target, page-436

  1. 11,309 Posts.
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    All i know is that the market is jittery at the moment and any really big rises are being sold into after the initial spike... almost without exception. The way this is running and clearing the sell boards on hug volume, it says to me that buyers cant get enough and don't really care what they pay. That's the sort of exhuberance I watched in the early stages of a few other big greenfields disoveries. Now of course there's no guarantee this is that, but it's obvious this is no p&d. On the contrary we had caps everywhere the last two days trying to keep a lid on it. They couldnt and it exploded.
    Small market cap. Blind drilling hits very mineralised and long intersections on the first attempt... company says they have a VMS discovery... second drill hole all but finished. All the hallmarks are there for this to be the next markert darling - we just need the next drill hole to tell us the next piece of the puzzle.
 
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