RDN 7.14% 3.9¢ raiden resources limited

Daily Discussion, page-9409

  1. 5,648 Posts.
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    Novac,

    Is different to the traditional gold nearology.

    Sabre hoped for another pennywest.

    Raiden up north another hemi.

    Torian another koth.

    All 3 did not replicate the large deposit and never will. At best the hunt will be satellites.

    Traditional nearology is looking for a similar deposit. I am weary on gold.

    If we look at wa, close to 100% of large gold deposits never have an equal in size close.

    With raiden, it is not nearology per say.

    Because Azure is on a lithium swarm, the ne end with raiden the sw end. (most likely)

    So they are not looking for a new deposit, but an extension of an existing one.

    The question is, does azures deposit extend into raiden tenaments ?

    Early indication is yes - fractionalized Li.

    I put a gold nearology play at less than 20% as history proves two large deposits next to each other is a rarity.

    Here I put the play at 75% as we look for extension.
 
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