Morning all.
Bought in not so long ago and have taken the opportunity top up recently.
If anyone here knows the Andean story this will be a reminder of riches.
To be associated in similar geology to Cerro Vanguardia is an even better analogy with the resource they have.
Now we have the numbers man join us, Eric Sprott.
Let's have a look at the attraction to someone like that.
That's bloody easy isn't it.
This pic is mouth watering.
These grades are very very high just like his much loved Fosterville.
Fosterville hit these at 1500m and this is from 67m.
Knowing that we have very HG veins close to surface and highly likely that we have extensions to these, we can get an idea of what comes next, More of the same.
This next pic emphasises the potential discovery cost and the expediency of growth to the resource.
At these depths, this will move very fast but the cost to mine will be extremely favourable to aisc.
Now with in excess of $13m, we have plenty of firepower to see some major movement in a very short time.
Further discoveries?
What about the amount of land and the proof that this HG shallow geology exists further afield?
The El Rosillo project should be an example of this.
So how deep are these Rock Chips?
Very bloody shallow.
Doesn't this give us some indication of the potential grade depth possibilities?
This next pic has some lovely colours in it.
If the share price stays around this low level I will be very happy because I can get more.
I was happy to see that the gold price just over shot the target I set for the low in this retrace, ( that was a nice fluke ).
We appear to be back in the up trend and looking at targets a lot higher very soon.
Watch out for the silver price as we are finding more at these shallow, extreme high grades.
There isn't available silver and what happened in the Nickel space should give an idea of the possibilities to what can happen to the price.
Enjoy the share price while it lasts.
Kind regards, Wack.
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19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $57.76M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 19.0¢ | $212.9K | 1.037M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 192162 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 146235 | 2 |
View Market Depth
No. | Vol. | Price($) |
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3 | 192162 | 0.185 |
5 | 197248 | 0.180 |
6 | 297427 | 0.175 |
5 | 286888 | 0.170 |
2 | 68181 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 146235 | 2 |
0.195 | 59312 | 2 |
0.200 | 13000 | 1 |
0.210 | 18361 | 2 |
0.215 | 25000 | 1 |
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