This afternoon the stock was 13.5c offer. I bought a few, I noticed an algo hit the offer for some at the same time, and went to have an afternoon nap. I woke up at 4.30pm, my grandkids were here. They left after dinner, we cleaned up and I've only just had a chance to check closing trades.
Wow! Someone was watching.
And this is how it looked on the bid & offer at the close.
My guess is someone was quietly accumulating. Last night I had made adjustments to this table to update it for the latest news from AML. Walford Creek looks a standout compared to others listed here.
Catalysts for a run:
1. PFS for Walford Creek due this qtr.
2.
NR 4 Nov, 2020 - Drilling of the first diamond drill hole at the Beauchamp Iron-Oxide-Copper-Gold (IOCG) target has been completed. The Beauchamp target is a regional scale gravitational and magnetic anomaly located approximately 100km to the west of Mt Isa. It has clear similarities with the geophysical signatures of a number of world-class IOCG deposits (including Olympic Dam, Ernest Henry and Carrapateena). As previously announced, Aeon has been granted A$200,000 of CEI funding by the Queensland Government to be applied to the drilling of the Beauchamp Tier 1 target anomaly.
The first drill hole at Beauchamp (BCDH001) has been completed to a downhole depth of 991.2m.
It was extended beyond the initial target depth of 800m down-hole because of significant alteration and copper mineralisation being observed. This comprised IOCG red rock alteration and veining intercepted over hundreds of metres with trace chalcopyrite throughout, and occasional minor bornite.
The second drill hole at Beauchamp (BCDH002) is underway and is targeting the higher gravity portion of the current model. This hole is located approximately 1km to the south-west of the initial hole.
A third drill hole is planned to test approximately 1.3km to the south of the current hole. The final location of this hole is to be dictated by the input of ongoing drilling information into the geological and geophysical model.
Have a great weekend!
