""Field results stemming from the visual inspection of the RC drill chips and the diamond core are very encouraging and CONFIRM the WIDESPREAD OCCURRENCE OF COPPER MINERALISATION THROUGHOUT THE POKALI PROSPECT.
ALL BUT ONE of the holes INTERSTECTED ANOMALOUS LEVELS OF VISIBLE CHALCOPYRITE. For example, hole PKC012 drilled the “Leg Ham” target and intersected 38 m (from 118 m to 156 m) of altered metabasalt with variable amounts of chalcopyrite, generally 1%-2%, occasionally up to 5%-7.5%.
Chalcopyrite has now been confirmed down hole in appreciable (visible) quantities over a STRIKE LENGTH of IN EXCESS OF 2KM, in several sub-parallel zones. This is an excellent result that bodes well for the potential of the Pokali area to HOST a SIGNIFICANT COHERENT BODY OF COPPER MINERALISATION.
This is obviously a MAJOR BREAKTHROUGH for the company.
Point 2)
Over the past 2-3 months, we have seen dozens of company's rise 200-300% on hype associated with SFR's Doolgunna discovery.
Most of these companies have hit anything and havent done anything. Its just specualation that has driven then up many multiples.
Lets go through the list: TLM (30c to 80cents...) ALY (25cents to 95cents...) GBZ (10 bagger from placement...)
Point 3)
Unlike the ABOVE, we HAVE ACTUALLY HIT COPPER
ATN should outperfrom the others given we have hit something! They have not yet
Point 4)
Results shall be released "early in the week" (as per friday release)
The quote: "Assay results from this work are expected to begin to become available from early next week."
Point 5)
Management!!!
Rick Crabb. The Crabb family are one of the most well known and best operators in the business. Look at their history of sucess/involvements: UMC, THX, PDN, ROY...
THX has recently moved from 15c to 70cents ROY has recently moved from 10cents to 30cents UMC is about to be taken over by BHP (imo)
ATN is GOING TO MOVE BY..???...to...20cents?...30cents???
Point 5)
No Placement for yonks and yonks.
Will Dec and Feb option conversion, the company will be CASH-UP for yonks so there will be on need for a placement for another 18-24months!
