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Pete Panda on Twitter #xtr has now tweeted BODA & XTR. He shows a screenshot from the BODA presentation with grades and intersections plus pics of their cores. It is on Twitter now.
From this, one can see that the GRADES VARY as in 1 intersection, there is NEVER 1 grade over the whole length.
So, I hope folks see what BODA and others look like as and when the assays comes out. In the end, the Racecourse takes in COMPOSITE ie all the intersections + JORC etc and ADD THEM ALL UP to get AVERAGE GRADE, not as in 1 grade.
This is a common perspective amongst folks that Havieron is going to be X IN ALL THE HOLES. Life or rather nature DIDNT MAKE IT THAT WAY - ALL DISCOVERIES AND ALL CO*S REPORTING ASSAYS RESULTS FOLLOW THIS PATTERN even for majors and their major discoveries.
I am pleased that Mining Journal has written on XTR today, 4 Mar 2021 as it is going out to folks in the industry first which means that many mining executives will see and UNDERSTAND rather than folks who may have their own ideas? However, those round rodeos like Havieron etc will be more nuanced by now.
demark
When I say market, I do not want to use the actual word.
At this current moment in time, the Mining Journal has just hit ie been released.
At the moment, the market is trying to do the usual? That will be PRE-RNS expected next week. If they have buyers who put out an order, the market will try to get stock at the price the buyer had put out the order.
The market does not read into the article and mark it up or down at the moment. That from EMPIRICAL EVIDENCE only from Havieron takes time. It COULD trickle down at some time to Australia, AS AND WHEN and IF, provided the wheel moves a bit more quickly.
Certainly, MINING JOURNAL is read by the INDUSTRY ITSELF, not so much retail or general Australian papers unless they are resource specialists.
So, when I saw MARKET, for the AVOIDANCE OF DOUBT, I mean a great media coverage and finally if Australians are keen they could buy into XTR if the Havieron example follows. How? Gervaise Heddle went to Australia and at the mining conference etc gave a presentation to Aussie fund managers. That way, more shares in GENERAL get into tighter hands, rather than retail who by reputation are more volatile in general, not saying its the case here. ALL GENERALLY KNOWN.
So, in terms of market, its a generality. However, empirical does NOT need to REPEAT 100% exactly.
Depends NOW HOW THIS COVERAGE CONTINUES with more RNS*s to come etc.
DYOR.
4.3.21 Hope this helps.
My word, I would love to know and read the full article. Sometimes, one can read the full article if Mining Journal tweets it themselves and opens up the sub page.
Everyone on this forum, as in, folks wanting to know the map etc, the phrase about BIG is certainly of interest as I am sure MINING JOURNAL ASKED MORE ABOUT IT. If history follows, then maybe there could [imperative COULD] follow up with an interview, when, I dont know or IF it is going to be one. However, I know Mining Journal did one with Mather including a VIDEO INTERVIEW. Here*s hoping.
Again so much pressure building on that share price, and coverage , must be majors radar
When one types up the above article onto to Twitter, thanks to Lucky250 and attribution given, the article comes up.
I have now SEEN what the preamble said: "WE*VE PASSED IS IT BIG OR ISNT IT BIG - ITS BIG."
Quote from Mining Journal preamble on the outside of Mining-Journals link. See it on Twitter #xtr.
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My view:
NO ONE has been able to read the full article which came out some 5 hrs ago today.
No one seems to have a subscription unfortunately. However, this means that from the able external preamble seen from Mining Journal that phrase ie big can only have come from COLIN BIRD, EXECUTIVE CHAIRMAN, XTR either from the last interview or Mining Journal has contacted Mr Bird to ask for further details or to confirm what he said to ShareTalk on this Tues as is norm in such cases?
MARKET IS NOT YET PREPARED FOR MORE MEDIA COVERAGE THAT COULD [imperative could] follow from this Mining Journal article which is well respected. I was rather surprised at last night*s comments. From what I understand, Mr Jeremy Read, Director of XTR was formerly Head of Exploration, BHP Australia-Africa. This is not a small post given BHP is the LARGEST MAJOR by mkt cap. Also, Corbetts Menzies is well known as a mining consultancy now that Doug Menzies, copper expert at Lachlan Fold, NSW, Australia is also on board to do the modelling etc with Mr Read. I did wonder how folks could ..... Oh well, that*s life?