PXX 10.0% 0.9¢ polarx limited

Mining News: Expanding Caribou Dome, page-135

  1. 141 Posts.
    I guess there is a lot of stock that is in the money around $0.04.

    Of more interest is thunder's comment. It is unusual to design a proposed pit (23/03/16), initial scoping work etc, without a resource. Looking at the various sections There will be a resource, it is just not public. I suspect that it is quite small, altho of good grade, that would seem negative to the market. Many of the holes cyy has drilled are at a very acute angle to the mineralisation so the true width will be much less than the downhole width.

    Nonetheless it is a good looking project, excellent grade and tons of upside potential.
 
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