I feel there's many similarities to DEG.1. Being careful with...

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Lethal70

1,513 Posts.

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05/07/20

13:40

Post #: 45652142
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Originally posted by Xenius: ↑

Thanks for some excellent & very pertinent posts again @Wack

Watched yesterday's Crux interview, twice in fact, (lockdown in wintery Melbourne has it's advantages lol!) and I must say I raised my eyebrows when the usually circumspect Paul Roberts used (or let slip?) the word 'beast' - thought that was quite telling.

The fact he's even contemplated succession planning and prepared to air that view at this early stage is another strong hint on where he thinks this might be headed.

Patience will be necessary to exploit the full potential of Kaninko but full credit to Paul for doing all he can on the PR front to get the message out to shareholders & new investors alike.

Let's hope the analogy with DEG gets even stronger over coming months!

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I feel there's many similarities to DEG.
1. Being careful with money and maximizing drilling value
2. Lots of cheap power augar to expand foot print similar to the aircore drilling DEG did to find Hemi
3. This was a more reserved interview and as you say the word beast comes out not once but twice.
4. Go to get to a resource quickly from here
5. Open in all directions and we know how that's turned out at hemi
6. Mineralization in virtually all holes this is the same comment Andy Beckwidth banged on about early at Hemi.

Deg so far went 6 fold early then doubled and doubled again

anything reasonable in RC and DD will see this follow suit and it shouldn't be to far away.

Happy Days
Shalom

Last edited by Lethal70: 05/07/20

PDI Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
23 Upvote

3 Great analysis

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