VAR 12.5% 0.7¢ variscan mines limited

This is huge but people are impatient and seem to expect a...

  1. 99 Posts.
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    This is huge but people are impatient and seem to expect a complete rerate in a day or a week even and that's not how things work.

    The DCIP identifies priority drilling areas though we still need the permit to do so and hence the sp is slow to move.
    There's a great chance of getting more than decent assays on these holes once they're drilled but for now we can sit tight and wait. Comments on these types of ann often leave me wondering if people bothered to read beyond the first page of the ann.

    There isn't much downside here since this doesn't affect the existing project. On the upside, if positive assays are returned on Buenehora this presents a major boost to VAR potential MRE as well as diversifying the company's resources which derisks the investment for SH justifying a higher sp but for now the wait for the permit is keeping the lid on sp.
    Last edited by Jalzo: 04/05/22
 
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