AON apollo minerals limited

When will they make a giant IOGCU discovery!!!!!!

  1. 879 Posts.
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    Hello guys, sorry have been a little preoccupied with uni work to actually share my views on this forum, I am back now though so the first thing that I would like to mention is that Apollo are releasing all kinds of information from selling and buying of tenements and licenses to releasing assay results, it is highly strange that they maintained their silence throughout the past two months and have been releasing all sorts of information before the general meeting. This is the real reason why the share price isn't excelling even though we have had some positive news, now dissecting todays announcement (1) the first one buying the claypan license from WWE I hope I got that right can be seen as a positive action by the company, (2) the second announcement of the day, the discovery of titanium and phosphate at Bl and CL14 have indicated that they may be deposits of other mineral types apart from the copper, gold and uranium. The claypan and bouldran areas were also smaller targeted anomalies. Statistically speaking we now have 2 assay results from the 6 hole drilling eagle hawk program, we are now left with four more holes and the last hole to be drilled for this program was the bun001 as per the last announcement report. One thing has been confirmed from the previous announcement in reference to bun001, there have not been large intervals of copper which are great exemplary indicators of a large iron, copper, gold and uranium deposit. This hole may just be another discovery of other minerals and may not contain the 4 main targeted commodities. Another thing that I would like to mention is the reinforcement by Dominic tisdell that Apollo remains comitted to finding iocgu deposits over the course of time, this could be an indicator that the other 3 holes excluding the bun001 may contain minerals which may not excite investors. He knew that todays announcements were not going to excite investors and hence the statement in the report about persevering till iocgu deposits are discovered and in the previous announcement he had mentioned that such discoveries do tend to take time. Apollo minerals has been a very well publicised small cap company due to its eye grabbing headlines and the amount of potential in comparison to other deposits in the Gawler craton region, our only hope right now in this current economic climate is a big discovery of an iocgu deposit in the great bundi area. If bundi comes up empty handed , I think it would be safe to say that this company has a very glim future. Here is wishing all you guys the best of luck I continue to hold in the hope of making back the money I had initially put into this stock rather than making extra out of this investment. I do apologise for the pessimistic post but right now it is hard to stay positive.
 
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