If the assay results for the 45 holes covering 8km x 2km are as good as the first 5 holes (ie grade and width, etc) or even if they are a little worse, the area of mineralisation will expand by 8 fold (ie from 2 sq km to 16 sq km) and it will confirm that this is a potential world class deposit. If that were to happen. we will likely see the SP respond accordingly (not by 8 times) but the SP may even double heading to $1 in the very short term.
No idea if the SP could go even higher than $1 in the very short term.
But the results may not confirm the mineralisation is of such high quality of the whole 16 Sq km and being a glass half full person at times I doubt it will be as high quality across the whole area.
PTR Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
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