Some cut and paste information from last 1/4ly activities report below - my bolding underlining and numbering etc.
I do hope we can get some - specific information on 1-2-3-4 -5 In particular 2. and 3 Question on No 5 -Are these ours or other Coys projects?
Should 2 eventuate then I hope the deal is not set on a 'never never' time frame- say within next 5 years etc. Also we get some $$$$$$$ up front not after the XYX ??? Coy (s) spend $$$$ within a number of years on drilling . Having said that I have looked at some other smaller exploration Coys and after a deal is negotiated the share price of the stock languishes... seems interest is lost after a brief period of excitement!
As I have said before our Coy funds are limited and if little progress is being made then we are, in my opinion-- a sitting duck---, for a cheap takeover of some sort. Also our negotiating position becomes weaker by the month! .
The precious metals market is --- or seems to be a non event market. I think investors are getting sceptical of the ups and downs .. It looks like a plaything for big boys and girls. There are so many 'experts' (or drips under pressure) who predict things will happen and then ............!!!! One day some one will be right and some one will be wrong !
My belief is if silver becomes hard to find - new mines and mined metal and the demand stays constant then there may be a tick up. But please don't rely on that assumption ..
All please take note it's all in my humble opinion.. You must DYOR.
Keep safe all
The Phantom GWW ----------------------------------------- .QUARTERLY ACTIVITIES REPORTEnding 31 March 2019
1 -- Maslins IOGC Target:
• Infill gravity survey completed over northern extension of Maslins Target. • 3D Magneto-Telluric (“MT”) modelling confirms conductive body beneath Maslins Target. • 3D gravity and magnetic models verified by independent geophysical consultant.
2- • Discussions in progress with potential joint venture partners.
Cartarpo Copper-Cobalt Target:
• Soil sampling program identified some anomalous copper and gold results. 3-• Further follow-up work is planned.
4- Business development activities: • Systematic review of growth opportunities continues. 5• Focus is on advanced exploration projects ----------------------------------------------------
IVR Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
