These aircore drilling results are horrendous on face value. I'm afraid these Fraser range tenement is a dud and Fraser north and south will now be the keys for ram. I sold out of this company several weeks ago as I was very worried about their cash burn. They have now spent over 2.2m in 9 months with only aircore drilling which is relatively inexpensive to show for. This last few weeks has been a true pump and dump. They will do another raising early next year at less than a cent and probably closer to half a cent. I wish current shareholders luck with this one . If you want to compare results today - compare these to boa where results were excellent - only reason boa is a market cap of 7-8m is there are no brokers pumping and dumping. So far Fraser region has been a failure for all explorers apart from Sirius - but boa, mat, win have seen similar early success with Sirius.
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