xxxxxwwwww,
One good hole with RDM sparked a sharp price lift as did one with QMN.
The follow up hole with RDM caused a fall back in price as the market believed it was not as good as the first hole although results are still to come.
The follow up hole with QMN was a good one yet the share price has also come right back.
If anyone can come up with a logical explanation for the fall back in both their share prices I would like to hear it.
You talk of the new hole by SIR being away from known mineralisation and is thus a new discovery.
The dewatering drill holes are in the general area of Rocklands South but are also a new unexpected discovery and that is why follow up drilling is being done.
It certainly looks a possibility that after the open cut operation is complete the newly dscovered ore body will be an underground operation.
Then again it may be able to be incorporated into the open cut operation. Advice one way or the other will be fortcoming once investigations are complete.
Add to My Watchlist
What is My Watchlist?