At this point the two drill holes are 2.7km apart and single lines in the ground.
Therefore their is no real context for the market to determine the potential of the resources. Given the slow nature of trading over the day i t was more some nervous people getting out in panic. And other gladly buying in, basically waiting crumbs to fall to them. I just wish I had some spare cash.
Once the holes 3-5 are released, it will provide the market with four points within a defined area. To which the process start building a resource estimate can begin. Then we'll start to see interest if the quantities are what Peter is expecting and it you read the other thread, .5 g/t is great for this type of deposit and thats world class deposits. THe process will take time but its travelling as expected (Except for the SP)
Besides...2 long intersections of gold in two holes 2.7km apart...They'll be drilling through the wet season and the big rigs will be onsite soon.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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44 | 41662685 | 0.2¢ |
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16 | 65990999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 14806578 | 15 |
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