SOC 2.04% 10.0¢ soco corporation ltd

good optics, page-2

  1. 23,919 Posts.
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    Chart wise there looks to be resistance around that 23c mark

    Really needs to break through on volume into the 24/25c range which will bring in fresh technical money

    When then have the 52 week high at 27c at the next target, followed by 30c

    I for one don't understand the selling as each hole continues to out perform the previous one

    This started out as a single pipe with deepest drill hole of 313m @ 1.42g/t - they have since delineated a conceptual resource of 3.2 - 4.6Mozs for pipe 1 with high grade shoots of 178m @ 2g/t yet to be explored further and incorporated into the resource - they then with 3DIP turned it into a 5 target regional play with the largest anomoly being Castor at 40 times the size of Hobbs Pipe 1 carrying high grade gold on the very first hole, 10m @ 17.7g/t

    Doesn't take a genius to see that not only have the increased the amount of targets 5 fold, but they have encountered 10 x higher grades over decent intersections on their first additional target


 
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Last trade - 10.23am 06/09/2024 (20 minute delay) ?
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