RMR 0.00% 4.8¢ ram resources limited

Ultimately it seems the market does know what makes a nearology,...

  1. 12,484 Posts.
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    Ultimately it seems the market does know what makes a nearology, and the obvious plays on Nova were sussed out the day after the discovery. IMO potential lesser known nearologies may remain but at considerable distances along strike.

    The comments by RMR about Nova being remobilised and as such other Fraser litholigies may host sulphides precipated some distance from their source is interesting. Has SIR ever suggested that Nova is distal from the source intrusives - I don't think so.

    Stretching these things reminds me a bit of the SFR story when practically overnight the Naracoota volcanics extended their mapped range onto any number of nearby tenements. Obviously in that case a remobilisation story wouldn't fly, so it was easier just to get out the coloured pencils extend the host rocks.
 
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