IMO, Brumby Ridge assay results may come anytime from 1st week of May, let's say 2nd or 3rd week of May if giving more time for external geological consultants to analyse the results (Ian takes every single details seriously and he will not easily give up). New RC drilling assays have been fast tracked (Prioritised), fast tracking assays are expensive, companies usually do this when they see something excited, you can expect these results any time from next week. They sent 523 1 meter drilling core to lab which is almost 1/3 of total RC drilling, and majority of them are from Mafic Sweats South, previously they got an intersection of 65m @ 0.34 from surface, I believe much deeper you drill you get more high grade intersections. I think they have, done deeper holes in this RC drilling.
I am a long term investor, so I don't bother about daily variations in SP, most of the fast tracked assays came back as high grade and I am expecting the same here too, Market punished CPM for the recent honest update from Brumby ridge, if Ian and his team is able to indetify the structural control of mineralisation in Brumby Ridge, then it will be massive high grade discovery.
If its a discovery from our recent RC holes then you can expect and trading halt announcement anytime from next week IMO. DYOR
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