ESR 0.00% 0.5¢ estrella resources limited

Ann: Trading Halt, page-42

  1. 1,845 Posts.
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    Guys, it feels a little different this time and my gut tells me this is a significant strike.

    CD has been executing a plan to explore and map the resource, so patience, which the market does not have at the moment, has been key here.

    For those who have held on, I think it will be proven to be worthwhile.

    All the drill assays so far have been to plan and as predicted, not insignificant by any means, but without a trading halt.

    So why a TH this time??
    And, the announcement states ' significant exploration results at the Company’s Carr Boyd Nickel Project.'

    The beauty of this is, if it is SIGNIFICANT, CD has finally found his elephant and fulfilled his lifelong ambition of a Tier 1 world class resource. And with the options coming into the money, will have the cash to properly explore, map and JORC the resource.

    Just look at what has happened to Chalice over the last 12 months, not to mention Caspin, Liontown, Pursuit, Devex and the others around the Yilgarn craton.

    Fingers crossed, this is BIG!!!

    IMHO, good luck everyone...https://hotcopper.com.au/data/attachments/3225/3225950-a67ec6acfeab9e13135a58b4bb655072.jpg

 
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