Morning all.
Interesting point you have highlighted
@doctormining I grabbed some oppies here to get a little exposure.
It is still cheap and I do like the expansion of their tenements as well as their developing targets.
This vid is about a completely different area and completely different company but the contents are good for some understanding geology for REE.
I also point out that I am in no way promoting the other company that this vid encompasses, just using the explanations of geology it contains.
One could apply some of it to a broader range of the search explorers can experience for Ree.
VIDEO If I again look at the C1 target, it becomes a little easier to see the attraction to it.
The next pic shows what has already been found along and in close proximity to the Ida Fault.
So far, not bad intersections and not much drilling.
Important to note that these are within saprolitic clay so it can be easier to extract if the Ree's can be released from the clay economically.
If we now look at the C1 target which is not far to the NW and also along the Ida Fault we can get a picture, (pardon the pun) of why this could be a more compelling target and not just for Ree as pointed out in their ann's.
Inside the Red highlighted area, we can see where the Ree is already presently known.
It also highlights why C4 is a target area but imho makes C1 a more compelling target.
Here is a closer view of C1.
Again highlighting the proximity of the Ida Fault but also the gravity effect on the perimeter of the target zone and what appears to be a flume that resembles the necessary potential plumbing from deeper zones.
The commentary below is interesting.
Another attraction for me here is how this stock appears to have lost some popularity as displayed by some posts over an extended period.
That makes for a stock, that has lower expectations and a mc to match.
I think that if this were to disappoint, the punishment would result in a smaller drop in SP but one can be very wrong with that assumption.
The market could also be very surprised by a discovery as it may not be expecting that to occur here, ( again an assumption that could be very wrong).
I like those lower expectations because they are usually, already factored into the SP.
This pic is the results of previous drilling at the C4 target area.
Not too shabby imho.
This next pic shows the expansion of the land holdings in this area but they have been hard at work in other area also.
It also displays the greenstone in broader zone than I have seen in other pics but more importantly the Pink area of Monzogranite.
Monzogranite can be an important contributor to the presence of Ree as already visible by the drilling at the C4 target zone.
I would like to invite
@salpetie to have a look at this early stage and before any possible discovery for his keen eye and intellectual observation skills.
I personally refer to him as Dr salpetie.
Keep in mind that any discovery has to be economic and that takes time to establish.
Kind regards, Wack.
