re: good announcement This width and grade is a very good start. We need to know if this a true width. If so, then TIR missed something major.
There have been cases of companies with similar 'true width' results trading with Market Caps of over $100m from sulphide drills. Those companies results were from surface drilling - eg. JBM (over 7% Ni) and Capricorn (about 3.5-4% Ni) back in 1996/7.
FXR has the benefit of the plant and existing decline to bring the resource into production quickly. Previous drills have also stated gold and PGMs in the results.
noip
held since previous result, 38 cents.
re: good announcement This width and grade is a very good start....
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