BUX 1.72% 5.7¢ buxton resources limited

Ann: Trading Halt, page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,756 Posts.
    lightbulb Created with Sketch. 332
    They wouldn't be asking for a halt for bad results at this stage of the drill campaign. They are usually bundled together under on heading saying Drilling Update at the end of the campaign.

    I can't imagine they have yet received lab results back either at this early stage.

    My hope is that they have indeed discovered a highly mineralised zone at depth, and an indication this means we have a very large, high grade system in place.

    We will need to work through a fair amount of stale holders and those who participated in the SPP, but my first target would be 10c where we will have plenty of resistance.

    Let's then hear from IGO, who by taking such a stake in the company gives confidence they will be continuing their drilling in our JV land, along with from BUX drilling the newly acquired deposit plus some drilling at our 100% owned land at CW.

    Plenty of triggers.

    Milesy
    Last edited by milesy: 23/07/24
 
watchlist Created with Sketch. Add BUX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.