on 30, OCT:
"
Whilst we progress the Admiral Bay transaction, the Company remains excited by the anticipated
results from the Deep Penetrating EM to detect massive sulphides and the assays for Nickel-
Copper from the recently completed drilling program at the Rocky Gully Project, located in the
Albany Fraser Belt, where the company is seeking Nova-type Nickel-Copper deposits, to be
released in early November.
on 4th, Nov,
"Drilling Intersects 2% Nickel at Rocky Gully " ---verify the above comment !
Logically, the management should also know the results from the Deep Penetrating EM to detect massive sulphides are very positive ----otherwise why get excited? They already got some inside news I think.
If the Deep Penetrating EM indicates there could be a massive sulphides Nickel resource underneath, plus the Drilling Intersects 2% Nickel at Rocky Gully , most likely PLD will have another NOVA style Nickel deposit!
All holes intersected Ni----up to 2%Ni so far! Is there another company in Fraser Ranger EXCEPT SIR got this positive result?
PLD is the next one....
Look at ENT, $MC 23 million, 0.9m cash on hand nearly 6 baggers of PLD.....no any significant finding yet.
RMR MC $5M, higher than PLD, but got nothing .......
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