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I'm very tempted to top up
It’s a ten bagger waiting to happen. Wish I had funds to top up and average down.
Don't think some folk quite appreciate what is on offer here. Quite an opportunity to get in at these levels. Anyone exiting here at the moment may be looking to chase rainbows on short term trading elsewhere and fair play to them but for me this is a continued top up and hold. Let's not also forget copper and silver assets - copper in particular!
Lucky you. Gl
Afternoon all. I bought just shy of 1.7m earlier. Not showing yet. Have a good day.
Sorry this is what I meant by top of drill, have a look at the first 200m drill as if you refer to both sections you will see the similar drill finds in Red, green & Blue.
https://www.rns-pdf.londonstockexchange.com/rns/0204E_2-2020-2-25.pdf
Trumpy hi,
Did you open the 3 links from the RNS as you can see at the top of the drill it is very similar to MW.
Refer to the link provided, showing the drill hole location plan.
http://www.rns-pdf.londonstockexchange.com/rns/0204E_1-2020-2-25.pdf
Refer to the link provided, showing the Long Section Comparison to Mt Wright Gold Mine.
http://www.rns-pdf.londonstockexchange.com/rns/0204E_2-2020-2-25.pdf
Refer to the link provided, showing BPL026 & BPL027 cross section.
http://www.rns-pdf.londonstockexchange.com/rns/0204E_3-2020-2-25.pdf
All good stuff IMO and worth as you say a HOLD.
ATB
Tom :-)))
Yep. Still holding here. One day you will blink and there will be no stopping it. I think it’s the final warrant chew and that’s it
Hi Tom, Hopefully will rise however I won't be selling even if it does! IMO we have a trustworthy CEO and if he is pointing out so many similiarities to Mount Wright I believe it is because he believes we have a similiar sized deposit and has already stated he aims to get it proven up relatively quickly. This has a very long way to go and nice to be in early.
Trumpy hi,
Maybe good for a wee rise after lunch when the news settles in and digested.?? Lets hope so.
ATB
Tom :-)
ROCK just tweeted :- We are pleased to announce results today from our Plateau Gold Deposit, Queensland, indicating we have hit the top of a major #gold system with similarities to that of the 1.5M oz Au Mt Wright Gold Mine.
"The Rockfire technical team continues to see similarities to the Mt Wright Gold Mine, 45 kilometres to the northeast of Plateau, hosting over 1.5 million ounces of gold, where the main gold ore is between 400 metres and 850 metres below surface.
"We appear to be at the top of a similarly large gold deposit."
Price said the dimensions of Mt Wright, which is 250 metres long, 60 metres wide and mined to over 1,200 metres deep, compared "favourably" with those of Plateau, being 200 metres long, 70 metres wide and currently drilled to 240 metres.
He said the broad intervals of gold mineralisation between 0.2 and 0.5 grams per tonne in the top 200 metres were also characteristic of Mt Wright.
"The next step is for Rockfire is to conduct a controlled-source audio-frequency magnetotellurics (CSAMT) geophysical survey.
"Such a survey is expected to provide a high-definition target generation beneath the levels drilled so far at Plateau."
Price noted that CSAMT was used "very effectively" at Mt Wright, leading to the identification of deep drill targets.
"This is expected to commence as quickly as possible after the wet season finishes."