From the last ann....
“It is the visual geology that is now driving our progress towards the core of the copper-gold porphyry at Thursday’s Gossan. While we certainly have a large number of assays pending, they are not necessary to determine our next move, and the only intercept that counts now is the discovery intercept. In that respect, we will see it well before we get assays for it – with the only true unknown being what the gold grade is.” – Stavely Minerals’ Managing Director Chris Cairns.
I understand what CC is driving at here. SVY are now done with the "sighter" holes and testing the geology by poking and prodding the ground with the drill bit. They are now at the stage of going in for the kill and to them that is all that matters. Nevertheless as the ann points out, and I quote, "we certainly have a large number of assays pending". So whilst everyone is eyeing off the big prize it may be these assays that come from left field to kick things off. Sure, there is no visuals here to speak of but what might the market do if the results come back with another 100 plus metres of low grade Cu and Au. Such a result in light of the much anticipated discovery hole might be enough to push the SP back to the old high or beyond.
- Forums
- ASX - By Stock
- SVY
- Ann: New 124m Intercept of Porphyry M Veins
Ann: New 124m Intercept of Porphyry M Veins, page-38
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVY (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.4¢ |
Change
0.003(7.32%) |
Mkt cap ! $14.51M |
Open | High | Low | Value | Volume |
4.0¢ | 4.4¢ | 3.7¢ | $42.85K | 1.073M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 125000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 297035 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 125000 | 0.041 |
1 | 91317 | 0.039 |
1 | 13000 | 0.038 |
2 | 144420 | 0.037 |
2 | 88889 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 297035 | 1 |
0.045 | 44054 | 2 |
0.047 | 200000 | 2 |
0.048 | 83333 | 1 |
0.049 | 126872 | 1 |
Last trade - 12.34pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
4.4¢ |
  |
Change
0.003 ( 4.76 %) |
|||
Open | High | Low | Volume | ||
3.9¢ | 4.4¢ | 3.7¢ | 393932 | ||
Last updated 12.40pm 05/06/2024 ? |
Featured News
SVY (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online