Hi Meteor
It's definitely prospective and a good location given the history... but assays will tell the tale.
My focus has been on hoping to be in a company which strikes a commercial porphyry. I also hold stock in the companies exploring the Lake Torrens prospect [which is not that far away but currently on hold]... their JV blew through $5M in 6 months for 2 abandoned holes and 2 completed holes with nil discovery. That exploration project is a much tougher gig than this one with extra incumbent costs... but the ground is also [on the 'desktop'] prospective.
The AMG management has done very well to get the money without dipping into SH's pockets and it will only take a discovery hole but that is the 'fun' part. Cadia, one of the largest of its type in the World, took multiple holes to find.... Carrapateena was found on the first hole, then it took several holes to find it again.
- Forums
- ASX - By Stock
- TBA
- Ann: Sale of Gilded Rose Gold project for $4M consideration
Ann: Sale of Gilded Rose Gold project for $4M consideration, page-25
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TBA (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.12M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
TBA (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online