over to you to give credit to the rampers, esp those when the SP...

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Bunn-Wackett

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20/09/24

15:25

Post #: 75766985
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Originally posted by Gottinhimmel: ↑

So
If you are an investor in Juniors then all I can suggested is to DYOR properly.

So let's properly review todays announcement

This season to date there have been 2 deep DD holes completed.
The announcement on the visuals was on the 22nd of August 24
For a start that tells you about 4 weeks to get assays back

But let's look at that announcement

The two deep holes ( the first of which today's assays relate to ) were drilled prior to the deep MLEM survey. Why? They were drilled on structural and stratigraphic targets. Ie to understand the geology better.
They weren't trying to find a lens in the 320m deep Sed layer....

In fact the announcement on the 22nd specifically noted that zeroing in on the strongest part "will be the next phase" and goes on to identify the 1300m x 500m anomaly at depth found by the MLEM deep search phase

THAT HOLE IS CURRENTLY BEING DRILLED TO CIRCA 600m. ST24-03

Now that we have established that let's have a look at today's announcement further
Visuals for ST24-01 311-321 on page 5 suggest a max 1.2m of 1-2%
Todays Assay ST24-02 311-321 10m @ 1.2% including 3m @ 2.2m and 0.5m @ 3.7% Cu

So assays significantly higher than visuals in an area that was pre deep MLEM and not zeroing in on strongest part... to repeat the first and only hole to my knowledge that they are drilling this year ( emphasis on are drilling as it is current) is ST24-03.

To summarize. This hole wasn't looking for the Crown Jewels but it still
found the sed layer at circa 310-320m. The assays have come back better than the visuals anticipated ( again a positive) and the first DD that is looking for the Crown Jewels is still in progress and we have not had visuals from it yet

The downrampers ( who all came out in force the last few days ) are having a field day spreading fear and no doubt they and or there masters are laughing hysterically at dislodging shares for cheap.

If you are a holder because of the Shallow reserves then this announcement is irrelevant...
If ST24-03 currently being drilled into that 1300 x 500 deep anomaly to a depth of 600m, comes up empty, then sure, bitch and moan and downramp and carry on like pork chops. But at least wait until the visuals of that hole

GLTAH but for goodness sake DYObloodyR and stop making investment decisions based on misinforming downrampers who claim they have no financial stake in the company .... really ... are you that naive to believe that hogwash?

Anyway, the milestones I'm waiting on are
Upgraded MRE. That drives $ and viability of DSO
Tempest rc assays
Typhoon rc assays : both prove district wide shallows
And yes, I will be eagerly awaiting ST24-03 visuals and assays as it is the first genuinely target DD based on deep MLEM

Oh and if Dan and Dave actually do stab the beast with the very first targeted deep hole then they should win accolades from all as they have been meticulously going through due process with the DD rather than throwing money away randomly stabbing the property ( given they have only actually explored some 5%!of the 100km copper horizon)

I'm holding LT but ignore me and DYOR

Gottinhimmel

Expand

over to you to give credit to the rampers, esp those when the SP was moving on its way to 37.5 cents and they stayed stoic all the way down… well done to them, cept they were WRONG on all counts

you can’t put pretty pictures through a concentrator

AW1 Price at posting: 9.9¢ Sentiment: None Disclosure: Not Held
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