You are right about the Javelin prospect looking easier to drill as it appears all flattened out. Still Discus is in a highly folded region which is great for VMS. And yes, the drilling could turn up nothing. But in my experience, Mike doesn't leak. Drillers might.
I did say that in the original antler announcement (17th April 2020) you presented, they waited for all six drill holes to be drilled before presenting the pictures.
And the share price did not run up to this announcement. In fact there was no rise after either.
Then they announced the lab results on the 24 April. same.
In fact, the share price did not move even with a drilling resumed announcement in June and and did not move till 10th July 2020, three days after an announcement of more massive sulphides. After this the share price rose steadily to 10c. But it took 3 days for the announcement to register widely.
https://www.asx.com.au/markets/trade-our-cash-market/announcements.nwc
Sometimes I think not a lot of people are following nwc the way we do.
So, who knows till the announcement. Don't forget we have the quarterly Tomorrow or Wednesday.
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You are right about the Javelin prospect looking easier to drill...
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $56.80M |
Open | High | Low | Value | Volume |
1.9¢ | 2.0¢ | 1.9¢ | $41.25K | 2.148M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 3543550 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.0¢ | 1136720 | 3 |
View Market Depth
No. | Vol. | Price($) |
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5 | 3043550 | 0.019 |
9 | 1832319 | 0.018 |
4 | 2138235 | 0.017 |
9 | 1811111 | 0.016 |
3 | 1192000 | 0.015 |
Price($) | Vol. | No. |
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0.020 | 1136720 | 3 |
0.021 | 596459 | 4 |
0.022 | 313000 | 3 |
0.023 | 825000 | 3 |
0.024 | 2203108 | 7 |
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