Agree with the preso, but not material to a large degree – there is always room for improvement. But, this one is indeed worth a punt, under the radar with $6M raised recently at 9.3c and plenty of upside with ongoing drilling newsfeed just around the corner.
As always, it could be the next drillhole and with a 12,000m drill program that commenced 4 weeks ago at the Western Queen Project there are plenty of next holes and assay results to come. In particular, drillholes following up previous downhole open HG gold shoot intercepts like:
8m @ 7.22g/t from 49m, 7m @ 60.6g/t, 6.3m @ 36.1g/t, 6m @ 34.2g/t, 11m @ 16.08g/t, 4.4m @ 10.5g/t, 11m @ 9.75g/t, 4m @ 10.5g/t, 2m @ 40.4g/t, 5.5m @ 5.11g/t, 5m @ 3.64g/t & 3m @ 19.9g/t.
Results like the above outside of the current JORC resource along strike and near surface will be well received by the market as it has been for others in the past two months, RXL and MGV comes to mind for starters.
Looking forward to the June quarterly report or a WQ drill progress update and then there are the JV projects that are gearing up. Exciting times ahead for shareholders, accumulation time. Bye …
……………………………………………………………………………………………….……
Sometimes the questions are complicated and the answers are simple.
~ Dr Seuss
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