The drilling campaign thus far is a total success.
The grade of the deposit is less critical because it is close to the surface that will be an add on for the primary deposits.
However, what it now does is CONFIRM that we have additional deposits and hence other REAL targets laterally and at depth. I have seen these low grade at surface deposits in the past, turn into monsters after diamond drilling at depth or laterally.
All this is great for the main game, which is a restarting of the plant. However, I must guess that the takeover bidders for Alto metals are cataloguing all our results. They know that Alto and MDI combined means 1 plus 1 equals 4! Not to mention that they have deep pockets.
The market will wake up. THE AREA IS POLLUTED IN GOLD. I have decided to pick up a few more, but I had a selling price in mind. This has now gone up considerably—hence less easy shares for everyone else to buy.
Ann: Second new gold deposit defined at Sandstone project, page-7
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $3.268M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $0 | 1 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 139157 | 1 |
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| Last trade - 10.04am 10/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.6¢ | 14866 | ||
| Last updated 15.03pm 10/05/2024 ? | |||||
| MDI (ASX) Chart |