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Ann: RED BORE CONTINUES TO DELIVER, page-34

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Shady Merv

13,832 Posts.

694

09/02/15

12:40

Post #: 14721511
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Originally posted by HappyCats ↑

Looks like the market is now understanding Red Bore, unlike early days with the bun fights here. I wouldn't like to suggest that initial vagueness may have been beneficial for raising capital (or maybe I just did).

So the program continues to drill down plunge in search of a magmatic conduit - a source of the metals. The deep target is not another SFR. The pipe(s) MAY represent a pathway between a deep seated magmatic (porphyry) source and near surface (now gone) VHMS horizons. There are still a lot of unknowns here, with regard to remobilisation and relationship as a mineralising event (if any) to the de Grussa orebodies. It's a shame they are using RC - they might be able to tell a fuller story already with diamond. No luxuries in this bear market.

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It's still a mystery to me.

Still no idea what elements they assayed for. All we continue to get is cu, au and ag.

What chance a porphyry deposit in this region HC?

That would be a new thing, wouldn't it?

THX Price at posting: 9.7¢ Sentiment: None Disclosure: Not Held
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