SPR 0.00% 78.0¢ spartan resources limited

Cashed mine in at 47. Because I believed it had maxed our. Deep...

  1. 90 Posts.
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    Cashed mine in at 47. Because I believed it had maxed our. Deep drilling is expensive, most results are at depth now, due to waste dump Locations, open cut can only be small and most will have to be underground, northern part of gilbies historically was high in other minerals and a bit of black shale that didnt mill well, my theory is NN may be the same, mill will need a significant upgrade. Alot of money is needed to spent.

    It is still a great deposit, close to a good mill and has infrastructure in place. Will buy back when I think it has bottomed out.

    They need to upgrade the mill and start mining ASAP.
 
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