SPQ 14.3% 0.6¢ superior resources limited

Thank you @mode1971 and @DavidW wealth of information as always....

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  1. 226 Posts.
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    Thank you @mode1971 and @DavidW wealth of information as always. Has also assisted my understanding of this specific project.
    I think today is your last shopping day before announcement mode. Whether or not we see a sizable rerate off the back of it, I am not sure. The market is fickle after all. I am anticipating a hole 10 between 1100 and 1200m but the fact they are withholding the previous holes data, presumably because they are saying they are all related to a single finding, suggests to me that hole 10 will still just be identifying geological structure. There seems to be an underlying sentiment on this forum that 10 will be penetrating a core. I suppose it's possible, but I'm very hesitate to pin any hopes on it. There appears to be a huge structure here, perhaps even linked all through Greenvale. They have drilled 10 holes (and really, only half of them provide useful/new info). Spq would have to be the world's luckiest Explorer to hit core porphyry in 5 holes wouldn't they? Anyone else reading this, please note that these are merely my inexperienced thoughts applying my logic to the situation. I have zero mining experience and an array of geology knowledge your can fit on a tablespoon. Just putting out food for thought for those with the knowledge.
 
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0.6¢
Change
-0.001(14.3%)
Mkt cap ! $13.01M
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0.7¢ 0.7¢ 0.6¢ $579 92.3K

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19 6797029 0.6¢
 

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0.7¢ 1030999 2
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