Australia's largest stock trading and investment forum Australia's #1 stock forum

G88

Click for more information

5.56%

1.7¢ golden mile resources ltd

Hi Ainsleym, You seem very knowledgeable on Resources, are you a...

First 89 Last

Share
Profile

Follow
Virtus

255 Posts.

15/06/18

15:10

Post #: 33739771
Share

Originally posted by ainsleym ↑

Wot, in reply, the thing that really threw me and caused me to reconsider my position ( from when I was holding over 100,ooo G88 shares) was the absence of Ni in bedrock at Anomalies 2 and 3 in the holes that were drilled. I simply can't get my head around the fact that whilst there is an upper cover of saprolite with decent Ni content, no Ni was detected in the underlying bedrock ( assumed by the fact that only trace Cu and Sc were mentioned). Realistically, one might have thought there would have been some measurable Ni if nickel sulphides in bedrock were the source of Ni in the saprolite. When I took into consideration that other large Nickel bearing saprolite discoveries ( CLQ for example) also appear to have no association with underlying nickel sulphides, but rather are likely due to the weathering of ultramafic rock to form saprolite with supergene nickel, I formed the view that the chances of significant nickel sulphide being present at Quicksilver had diminished somewhat. Granted, the saprolite body as a standalone resource could be very valuable.

Expand

Hi Ainsleym,

You seem very knowledgeable on Resources, are you a Geo ?

I invested on G88 purely out of spec, but be nice to know if there was a Geo commenting on this stock

Cheers

G88 Price at posting: 53.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 130 more messages in this thread...

First 89 Last

Add G88 (ASX) to my watchlist

(20min delay)
Last 1.7¢		Change -0.001(5.56%)		Mkt cap ! $6.990M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.5¢	$35.14K	2.217M

Buyers (Bids)

No.	Vol.	Price($)
1	19173	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	606048	1

View Market Depth

No.	Vol.	Price($)
1	19173	0.017
4	497757	0.015
1	85	0.014
1	400000	0.013
3	703333	0.012

Price($)	Vol.	No.
0.019	606048	1
0.020	148275	3
0.021	481500	2
0.022	500000	2
0.023	265000	3

Last trade - 13.19pm 01/11/2024 (20 minute delay)

G88 (ASX) Chart