I don’t think you need 16 km2 of the kinds of grades and...

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21/01/25

15:29

Post #: 77497791
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Originally posted by calmbeforestorm: ↑

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.

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I don’t think you need 16 km2 of the kinds of grades and thicknesses reported so far to make it a world class deposit. Maybe GKeden could give us a rough estimate for 8 km2?

PTR Price at posting: 43.0¢ Sentiment: Buy Disclosure: Held
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