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125 Posts.

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15/09/20

13:29

Post #: 47352470
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Originally posted by ThePennyChemist: ↑

I’m no geologist or mining expert but even I was absolutely shocked and surprised to read this morning they’ve only tested into 3 feet ........... I mean what were they expecting ...

I’m hoping this is just a continuous disclosure issue and they’ve released this data they’ve received first whilst also having sampled or beginning sampling lower.

If they’ve just had to release these because they had them and there is going to be testing deeper/or they are awaiting deeper testing results then im quite confident we will get back to where we were and some more in a heartbeat as this is likely where the mother load will be.

IMO anyone selling now either doesn’t understand the type of deposit here or has no faith in management to dig deeper...

If management is incapable of knowing they need to dig deeper (highly unlikely , id hope) then by all means this deserves the smashing it got and they’ve got no hope.

I’m betting they know this though as stated in their presentation and have topped up a fair bit today

There is no deadline of 30 Sep btw ... this is only to keep the exclusivity of the project acquisition option. Just means someone else can bid for the project if not complete by this date. Doesn’t mean it’ll fall through necessarily. (In the off chance they’re not done digging deeper/assaying by then)

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superb post

PUR Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $7.270M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.2¢	$271	128.5K

Buyers (Bids)

No.	Vol.	Price($)
83	71370542	0.2¢

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Price($)	Vol.	No.
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Where do we go from here?, page-4

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

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Featured News

Where do we go from here?, page-4

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News