ATN 0.00% 0.2¢ ashburton minerals limited

Hi MayoWRT Pokali, I'm optimistic long term about its potential....

  1. 349 Posts.
    Hi Mayo

    WRT Pokali, I'm optimistic long term about its potential. There seems to be a hell of a lot of low grade copper, but its not clear yet if they can turn it into a commercial prospect. I guess they'll keep trying to find the higher grade cores, and when they do, the share price will climb again.

    But at the moment, I'm more interested in Yea. If we can believe the figures that have been quoted, there may well be some nice profits to be had in the near future. Once the drilling starts, I expect to see some interest generated with a slowly rising share price. Then, when results are imminent a sharper rise should happen.

    Then it all comes down to what the results show. It's not out of the question that a commercial prospect is determined.

    Here's hoping anyway.
 
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