thanks @highlandlad & @ttward
9:52am- AUDUSD dropping nice and hard overnight. If one ever gets into FOREX, this currency pair has the cleanest TA of all pairs. Its the only one I touch these days.
Trading Tip - Drill result announcements seems daunting at first, but there are only a few key pieces of information that you need to look at.
Drill grades - What is considered low/med/high for a particular mineral? 5g/t? 1500ppm? 30mg/L?
Drill depth - How shallow is the resource? Open pit mines for <80m intercepts and far more economical than other methods of recovery.
Drill width - Just how wide is the intersect? From: 122m, To: 126m is a 4m width. Is this considered thick for your resource?
It's important to note that over time you'll get an appreciation of learning to combine all three data point to determine what a good resource is.
This is an essential piece of FA that you should learn to minimize getting trapped in the mining announcements.
E.g. A shallow 5m gold strike at 2g/t with 80m depth is significantly better than a 150m gold strike @ 30g/t with 2m depth. It's not just about the grades
Trading Apparel - Some of these DT shirts can make you look like a proper nob.
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