Hi All,
I can see from this forum the below posters:
1. Newbies or does not have enough knowledge on mining - my suggestion to you all - learn a lot by yourself. Do your own research. There are so many resources online that you can learn. You can see who in HC are good poster.
2. Those who have very bad intentions of making profit from other people's misery - My message to you all - God knows what you are doing even no body else know. Believe me, one day karma will hit you. This is the worst human behaviour.
3. Good knowledge posters = please keep posting and ignore the bad ones.
For newbies/less experiences in ASX - I feel deep sorry if you were selling or acting in any way panic for every time you invested in ASX. Please remember this share forum is full of manipulation, ASX is full of SP manipulation using our feeling and fear. It is happening every day. Gogle how hedge funds work. We cannot control this. My suggestion - after you do your own thorough research learn about how to control your feeling and emotions, and only act using our brain not our feeling or heart.
Ok now to the ANN. Can I ask all of you this question: did you read the ANN in whole? If not, I suggested honestly you need to read the ANN again in whole.
Why? because if you read it, you will find all questions raised in this forum:
1. No Spodumene and no visual. In the ANN there is picture of
ASDD010 with 2.1% Li02
2. Examine again area 1 and 2 but the best one of this ann is the finding of area 7 big pegmatite system. Still not sure, read this from the stoc...head..com...au today here it is
Raiden Resources’ (ASX:RDN) first diamond hole into the project’s Target Area 7 struck the ~250m zone, running from 309m to end of hole at 558m.The hole had to be terminated within a 57m thick pegmatite due to mechanical issues, but Raiden is going to run the rig again after finding what could be an ideal target for lithium in the Pilbara.Raiden managing director Dusko Ljubojevic said the drill intercept has significant implications for planning and targeting across the entire project.“ASDD023 has intersected a major structural trend, which comprises of multiple, wide stacked pegmatites, as well as altered intrusives,” he said.“This intercept will allow us to now vector into this zone along strike and at depth.”Ljubojevic added that observations from the hole are also driving its strategy for exploring other targets across the project.“Our initial observations suggest that drilling to date on Targets 1 and 2 has tested the upper parts of the system whereby the main target, or structure remains untested on the southern periphery of Target Area 1,” he said.“While we are drill testing the direct extensions of the ASDD023 drill intercept, we will be modelling the extensions of this pegmatite trend for future drill testing on Target Areas 1 and 2.”
Lucky 7Andover South sits nearby, in the obvious direction away from the Azure Minerals (ASX:AZS) Andover discovery, now in SQM and Hancock Prospecting hands after a $1.7 billion takeover deal.Even through a price downturn for lithium Raiden got a firm backing to raise $10m by placement to advance the project with a much-anticipated drill campaign.Target Area 7 was the last target area Raiden uncovered ahead of the campaign but was hardly last on the pecking order given a high degree of desired fractionation.The seven zones cover 4.2km of strike across the project, but it appears Raiden has an early priority to square in on.
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