So the idea this spring / summer was to look at further drilling on the JV-14 area. Now, we're considering a drilling program on not just the JV-14, but renewed attention on Maestro and El Abra too.
“The recent site visit by Neil Motton and Richard (Dick) Watts justifies renewed attention on the El Abra and Maestro Agüero prospects. While it had been intended to make a decision as to whether to carry out a drilling programme at the JV-14 prospect on the basis of the trench sampling results, it is now considered appropriate for Ochre to implement the detailed recommendations of Neil Motton prior to considering a drilling programme that might encompass all three prospects."
Bottom line - this piece of ground in Argentina is today considered far more valuable than it was a few months ago. This is getting bigger and bigger - should be an interesting few months ahead. Good stuff!
John, I think the RNS and the grades from the channel sampling speaks for itself in terms of a bold positive statement! The grades are fantastic and again here as in the Philippines, there is a cautious, calculated and professional approach to understanding the geology.
Interesting how the veins pinch AND swell along strike; that's cleared that up.
2 out of 3. MGA strategy news next.
The market HAS to begin to see the value here....!
Thing is, it is getting noticeably worse (the shorterm-ism) it forces everyone to race to the bottom, in the last year or so it has gotten worse, companies are putting out blockbuster value creation RNS and everyone runs for the doors causing a stampede and good solid companies with good responsible management having to raise funds at obscene discounts, it is slowly destroying AIM this 5 – 10% here and there mentality, it needs to change.
reminds me of REM early days with lots of good news but no interest whatsoever. Problem with AIM is the short-term greed mentality, get in and out quickly, make a few quid. I'm looking for more substantial gains over a longer period and AIM is frustrating at times!
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