Australia's largest stock trading and investment forum Australia's #1 stock forum

FFR

Click for more information

0.00%

12.0¢ firefly resources limited

Maybe all these leases need is a new set of eyes and a different...

First 30 Last

Share
Profile

Follow
Johnathonc

870 Posts.

490

27/05/18

19:00

Post #: 33327103
Share

Originally posted by ghosta ↑

The key to understanding this is to read the anns and take particular note of the geology.
The big difference between Impact and Marindi is that Marindi is exploring conglomerate in similar straitigraphy to Purdys/Comet wheras Impact had conglomerate higher up the sequence.

Pacton obviously believe the Beatons Creek or similar type conglomerates are worth exploring and are mopping up this stuff as its cheap. Whether Pacton will even be "In the game" conglomerate wise is yet to be determined. But it looks like Sprott is taking yet another punt. Whether his Pacton investment will turn out to be another DEG "not looking too good" (conglomerate wise) only time will tell.

Expand

Maybe all these leases need is a new set of eyes and a different way of determining grades?
Just thinking out loud.

Last edited by Johnathonc: 27/05/18

MZN Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
4 Upvote

2 Great analysis

Reply

There are more pages in this discussion • 8 more messages in this thread...

First 30 Last

Add FFR (ASX) to my watchlist