Today was an interesting finish with lot of volume being pushed through in last hour. While we wait for next lot of results here are few things to read from past about our bonya tenetments.
http://www.*.com.au/companies/news/...o-copper-prospective-bonya-project-34445.html
According to this article Rox initially tried to get the jervois tenements which are now owned by kgl.
And its in these areas kgl has struck biggest copper hits of the year with hits as much as 31.5 percent copper.
Not only it is very high grade resource but with wide widths as well. There resource upgrade is due within days so it will give us an idea of what bonya could be like.
Sp of kgl has rocketed from low of 8c something to 37.5c as of today and if there resource upgrade comes out good it could be in dollars.
If we look at our tenements they are right next to areas where kgl got big hits.
At bellbird 13m @ 5.75% Cu, 23.2 g/t Ag, 0.32 g/t Au Including 3m @ 11% Cu, 55.7 g/t Ag, 0.52 g/t Au
At reward 7m @ 7.27% Cu, 140 g/t Ag, 0.38 g/t Au Including 2m @ 21% Cu, 302.5 g/t Ag, 0.77 g/t Au
To point out a few.
Also In the above interview Ian said there is no reason for jervois and bonya to be any different. If we get any close to these high grade intervals at bonya i reckon it will be game on for us. This has every chance of being a company maker on its own.
Also the gold rc drilling results are overdue now so should be out soon plus RAB drilling results
There is lot of news flow coming so next two months are going to be action filled.
Btw if the frenzied buying towards end of day today any signal of news coming !!! HOPE SO
Goodluck everyone
Bring On bonya !!!
cheers
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