IR1 8.82% 31.0¢ iris metals limited

Hi @Lithium_King, I have already done it on my Post #:69242780...

  1. 5,906 Posts.
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    Hi @Lithium_King, I have already done it on my Post #:69242780 on Aug.9.

    But I will give you a very good research report done independently by the company called Discovery Alert for their clients.

    I'm actually very selective for the research reports as I normally go through everything if I'm interested in or already in that stock, but I really liked this one because it's totally inline with my own research by all point of views.

    I just discovered it a month ago and got a non-paid subscription and received their alert for IR1 a few days later then IR1'a anns on Aug.9. They first send the report to their paid clients then to the non-paid subscribers like me.

    It says on company's web site "AI systems scans over 600 ASX announcements daily searching for a genuine Tier 1 & 2 Discovery. Potential discoveries are passed through to our geologists & analysts to be verified. Once verified, the discovery is ranked from 1 to 5 using the proprietary Discovery Alert ranking system. Once meeting their high level requirements, a “Discovery Alert” Email & Text is immediately sent out to all subscribers".

    Anyway, you can have a look at their site. Very interesting for me because they are working with independent geologists. That's quite bit important for me as I can confirm what I see or find out what I can't see because I know the explorers' own geologists are always tend to be overoptimistic about their projects.

    I am giving their IR1 reports below (I got their permission to post it here btw). Very good read, and can be used as a reference doc. (all highlights are mine).

    You will see they are touching to very interesting points. Especially have a look at Figure 3 and what Discovery Alert geologists say; (I haven't' realised this point tbh and there might be a significant pegmatite down there). (thanks to DA's geo)

    "Deeper drilling will confirm the potential and there seems to be a sniff in one of the deeper holes, with hole BDH 23-001 ending in pegmatite (Figure 3). This requires more investigation, as there could be another stacked pegmatite at depth"



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