FML 0.00% 15.0¢ focus minerals ltd

Ann: Presentation - ASX Spotlight New York , page-11

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  1. 6,059 Posts.
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    is the island not suitable for RAB drilling? have they being waiting to get to the RC or Diamond drill rigs stage after the RAB delineation to drill on the Island itself where they got all the super rock chip samples?

    I'm assuming the Island is the hard rock protruding without any soft rock over it, the soft rock lake bed containing low grade that has leached from the orebody below it & the g/t (or ppm) to a certain extent irrelevent other than outlining the orebody beneath.

    We'll be diggin' up those golden wonder potatoes real soon :)

    I too feel the swing in gold was a shake out to trigger stop losses, distribution normally tends to fall slower with a view to maximising price. Perhaps this is the start of Jim Sinclairs forecast higher volatility, is $100 in a day the larges swing yet?
 
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