SGQ 10.3% 3.2¢ st george mining limited

It's a fine line between success and failure

  1. 713 Posts.
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    I don't post much anymore but given the level of expectations that seem to be around this campaign i think this is very worth watching - Mark Bennett describing the Nova discovery.

    https://www.youtube.com/watch?v=TGryOpjM2o8

    Notable points:
    • Their first diamond hole produced nothing of significance - but had clues that kept them persisting
    • There was nothing to indicate that the Nickel should be where they found it - no surface feature etc at all
    • They only had 400k left in the bank when they made the discovery
    • The ASX was querying their cash position
    • A number of hurdles were overcome and multiple failures needed to be dealt with
    • 99 out of 100 EM conductors drilled turn out to be nothing

    I hope we find something great asap but I think we may be in for a longer grind then we all, myself included, are hoping for.

    GLTAH
 
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