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sharebroker1

10,333 Posts.

654

01/06/21

09:10

Post #: 53553657
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Originally posted by Endless: ↑

Morning all.

GBR. Those results are good but not fantastic. Also they are from Reverse Circulation drills and not Diamond Drills which are the 'gold standard'.

Problem is that the results are a bit scattered and most of them are low grade that on their own wouldn't get any traction. So while results show that there is definitely gold around the place it might not be economical to mine it.

Also more results due and another round of RC drilling to come. So peeps will wait n see if anything else comes up.

Imo it all means that situation remains same as current and still inconclusive.

Considering the SP is already up from 4c to 12c and been to 15c, some will sell if they were expecting bonaza boom which has been pumped around the place.

I haven't read anything about it on threads so not sure what the mood is.

I'd sell any spikes over 15c imo. If that happens.

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I think they are ok though endless, not great , but ok for the market capitalisation !
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