Morning all. I have tried to keep a low profile here and keep my excitement contained. I did have a conversation with Will a few weeks back and just happened to ask if there was anything he could tell me about the Caird drill core observations. He responded with a chuckle. I was not sure how to interpret that but thought - 1. Yes there is something but he had no intensions of elaborating to me. 2. He thought I was very bloody cheeky in asking that Q.
Well I thought it was worth a try. They have good knowledge of the ground by now and excellent support to sniff out anything that may be there through their own experience but they also have BHP giving their 2 pennies no doubt. At the time they announced the extension to the drilling program they were at Crean. I read into that, that they liked what they could see and or they have Pxrf to give them some indication, or both. If we look at how they have been guided so far with the Geophysics and how accurate they can be in this sort of hunt, I think that we may have some really great targets ahead of us. The Q now for me is, At what depth we may have intersected something worthy of a trading halt given this excerpt below.
This excerpt is the one that indicates to me that Crean is the most likely target to have the goods.
If my assumptions are correct in that Crean may be it, I will read that as dissimilar to the Luni discovery. The geophysical signatures are different. So do we have an IOCG footprint? Can't answer that but if we do, what does that suggest for the new targets to the east? The pic below shows the gravity at Crean.
If we give any value to those gravity tell tales, What may this next pic suggest? Keep in mind that the target to the north of Luni is 20km across. I am going to take a guess that Wordie may have similarities to Luni while what ever we have found at Crean maybe similar to what we could expect at Mawson, Perce and that large target north of Luni.
All just speculation at present but that is what we do, Speculate.
Fingers crossed and I will be back on Wednesday. Until then, I will try and bite my tongue. Kind regards, Wack.
ENR Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
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