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13.0¢ american west metals limited

AW1 General Chat, page-390

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squarepants

864 Posts.

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24/07/23

11:03

Post #: 68942522
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Originally posted by insaf: ↑

No doubt the mining engineering is vital in analysing whether a resource is ultimately viability and more importantly, whether any current drill results can support this thesis. I am saying you are focusing on the wrong aspect - the dso. I don't think anyone would expect a globally significant resource at 4700 N nor the rest of the superficial deposits. Something that is material is adequate to generate some revenue to support the exploration at depths.
I am saying focus on the probability or speculate on the potential of the secondary system. This is what they referred to as the potential "african" style sedimentary system based on the current drill results above the identified targets, diamobd drill st22-10 and IP and EM anomalies generated at large scale. Ignore the dso for the moment. The red blob beneath the 4700 N extends deeper than 1000 km at certain points and st22-10 hit its periphery with drill being open at . We could have a 1000 m drill with core around that hol itself just going off the ip anomalies.

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"Ignore the dso for the moment".

The DSO underpins the share value at current prices. Speculative interest in finding something significant with current drilling hasnt been excessive.

AW1 Price at posting: 17.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $67.29M

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