SPR 2.50% 82.0¢ spartan resources limited

Ann: Spectacular new high-grade gold intercepts up to 1,093g/t, page-56

  1. 11,713 Posts.
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    So if.... I can speculate a little, SL is at pains to explain that they are continuing to see visible gold (but not report it every time because... it keeps happening, so.... do we dare infer that they have already seen visible gold in hole below?

    https://hotcopper.com.au/data/attachments/5735/5735690-0be26aa875ab534443258d63efef6e7d.jpg

    https://hotcopper.com.au/data/attachments/5735/5735692-ba832cf6a658d622e14be6735d914c26.jpg

    As I posted earlier, SL and the Geo team are being thrown curve balls (not necessarily a bad outcome), just... they need to keep drilling to ascertain the significance of the changes. Geniunly love to see SL do another interview, or presentation which would explain what the significance of the flexure and it's potential in regards to it leading towards the main Gilbey's mineralized system.

    https://hotcopper.com.au/data/attachments/5735/5735697-6bde96f42dd493a319ad7b86aea89d84.jpg

    Again... a clear hint that they are seeing more visible gold.

    https://hotcopper.com.au/data/attachments/5735/5735702-4ade54cef4a6660475b66539082084a4.jpg

    Finally, I keep re-assessing West Winds... 250m of strike.... and grades that could easily support bulk U/G mining.

    https://hotcopper.com.au/data/attachments/5735/5735709-212f539e33de2f40f8a8050354168e33.jpg

    I am not overly surprised by the sell down, as... I don't think SPRs news was ever going to outperform expectations. confused.png
    Above all, everything in this post is NOT financial advice.
    Good luck to all holders.
 
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