like you're eluding to, drilling is king. i agree. I suppose it's more to give an idea of scale and more so to find the geophysical relationship between mineralisation and geophysical response. An added bonus would allow for accuracy of drilling.
IMO the market would react very well to a massive IP anomaly assuming it coincides with known mineralisation. I think drilling a mag anomaly will only get you so far, why not load up on data and potentially prevent "wasting" money on holes that don't hit paydirt.
I'm not necessarily saying they shouldn't drill until IP is done but it something that is equally as important as drilling and doesn't sound planned. Like I said understanding the mineralised system through geophysics is key to best the most accurate drilling results, understanding scale and potential. imagine being in a scenario where you've mapped lithology to a point where you can only piece together some of the puzzle and then you have you wait 4 weeks for a geophysics team to come out before you can plan your next move.
edit: and the reason I have no sentiment is because I don't know what to make of the geology
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.35M |
Open | High | Low | Value | Volume |
27.0¢ | 27.0¢ | 26.0¢ | $129.7K | 486.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 21790 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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27.0¢ | 143912 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 21790 | 0.265 |
6 | 239466 | 0.260 |
4 | 43221 | 0.255 |
11 | 159806 | 0.250 |
6 | 308984 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 143912 | 1 |
0.275 | 151801 | 4 |
0.285 | 166818 | 2 |
0.290 | 50592 | 2 |
0.295 | 262398 | 7 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
26.5¢ |
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Change
0.000 ( 1.85 %) |
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Open | High | Low | Volume | ||
26.5¢ | 27.0¢ | 26.5¢ | 170478 | ||
Last updated 15.59pm 05/06/2024 ? |
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