We chatted to IronRidge Resources' CEO Vincent Mascolo who explains why the company has become a lithium explorer. Watch the video here.
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Up nice and early for this be. Markets futures all positive and the tone will be set today.
Good luck trying to buy first thing. Easy 20-30% mark up if there ever was one coming up.
G'day News!
Who says I wasn’t one of them, however I differ how you use the term investor.You need to define it. Possibly confusing it with Trader.
Thanks all for the responses. Much appreciated.
He didn't say that, he said if we close above 4.5 then expect a rise to 11p.
Well zak had that we prob have a retrace to 4.5p before hitting 10 12p. Prob about right
The difficulty in drilling through the quartz may indicate they have just hit the Weemalla Formation, not quite at half way but close enough
Many mining explorers with prospects only (not discoveries) are valued at £25 to £30 mil market cap. We have a possible huge Tier 1 discovery on our hands in an excellent mining jurisdiction!
Points to consider, taken from Tw and added to:
1-Bushranger located in only World Class Porphyry Province of Australia, known to host Giagantic discoveries! Cadia/N Parkes/Boda!
2-Drill already way past planned depth, continuous 900m+ Cu/Au hit (SOLG Porvenir (Tier 1?) 899m@0.53% CuEq).
3-Drill still ongoing!
4-Hole continues to encounter strong visible copper mineralisation even at current depth!
5-Higher gold grades at depth!
6-Wider porphyry body at depth!
7-Top jurisdiction!
8-Anglo buyout clause!
9-Quote in management presentation on Bushranger: "Multiple IP, magnetic and geochemical features indicate the potential for the project to host a cluster of copper-gold porphyry deposits, similar to CADIA-RIDGEWAY"
10-MasterInvestor article mentioning XTR as a potential GGP. MCap diff, GGP=£1,280 Mil vs XTR=£50 Mil.
11-XTR own 100% of Bushranger.
12-Bull copper (and gold) market, price and demand from EV expected to increase substantially over the years!
All the best holders!
News fantastic post
He only made huge amount of money for his investors today for those who sold today
If you have any clue about aim shares you will well know they often come down as quick as they went up
Hiya - I've got to ask, why are you here on this board ? What is it you want ?
“We owe it to our shareholders”...CB interview 18.01.2021
Gla over the coming weeks/months
R A C E C O U R S E - B U S H R A N G E R [XTR]
I am expecting A S U R P R I S E re; Racecourse.
How can there not be?:
"Unique" [C.Bird]
"Not Lachlan Fold" "Chile"
"Continuous mineralisation" vs "In & Out Cadia"
"Crew looking at core?"
"Core: Beautiful, Really Beautiful.2
& Getting more intense at lower intersection??? & Not tapering off at all?
ALL TO BE R E V E A L E D ONCE THE COPPER EXPERT ARRIVES & POSSIBLY CORES SHOWN.
Mon, 18 Jan 2021 @10:50pm
News
I wouldn't take this on in 1 sitting
https://eprints.utas.edu.au/14518/2/Whole_Wilson_A_PhD_2003.pdf
Great summary news
The drilling is getting more difficult this generally indicates they are right in the middle of the zone, drilling will improve as they near the bottom.
Will keep the well well feed going tomorrow.....wonder why CB lay low for two years....it sticks baby.
Father TedFeck - Not sure Canadian or Australia but Solgold-DGR-CGP posters on LSE,ASX & TSX
Hydrogen etc --From GGP
Cat - Think European [the Dutch group]
If I got Cat wrong sorry.
+ Mumof3 - MTV
All arrivals posting today, Mon 18.1.21 - Welcome , Welcome.
JOHN CRONFORD WAS RIGHT IN HIS 14.1.21 ARTICLE: Lots of Greatlanders he said in XTR etc.
Posting for historical posterity. Sorry if I left anyone out as many have new names?
LoL
News, 18.1.21 [Mon] 10:15pm
COLIN BIRD, EXECUTIVE CHAIRMAN, XTR-BUSHRANGER:
DEPTH
"975m, 160m past original planned finishing depth." = 8 6 5 METRES MINERALISATION FROM 110M. {RNS, 18.1.21 @11am]
At 2pm, Interview, Colin Bird said: ---" 9 0 0 M OF C O N T I N U O U S MINERALISATION."----
-TOMORROW, Tues, 19 Jan 2021 D R I L L I N G
Could be 1,055M [975m+80m]
Then, could be 1135m -Wed
Then, could be 1215m = PAST B O D A *S 1,167m intersection [minus 110m at Bushranger] -Thur, could be 1,295m
Fri, could be 1,375m
Sat could be 1,455m
Sun could be 1,535m
Mon could be 1,615m EQUAL TO CADIA DEPTH & RIDGEWAY DEPTH [Next door to Bushranger] 27.1.21
Then, could ? -Mr Bird said DRILLING to "BOTTOM" of zone.
BUSHRANGER-COLIN BIRD, INTERVIEW @SHARE-TALK, MON 18.1.21
"CLASSIC - UNIQUE"
ie Classic Porhyry & BUSHRANGER UNIQUE.
"MINERALISATION
@Cadia -mineralisation IN & OUT [15.1.21 interview] vs
BUSHRANGER- 700M "C O N T I N O U S MINERALISATION."
"LACHLAN FOLD - C H I L E."
NOT Lachlan Fold -typical vs Chilean? New word used Chile?
C O P P E R E X P E R T C O M I N G
XRF used.
Crew looking at core.
On 15.1.21 Interview, Colin Bird said: "BEAUTIFUL, REALLY BEAUTIFUL." -core
S T R O N G V I S I B L E COPPER MIN.
INCREASING IN I N T E N S I T Y IN LOWER PART OF INTERSECTION.
------AT 1,010M [900M CONTINUOUS MINERALISATION] AND INCREASING IN INTENSITY
in lower part of intersection -----??? = NOT REACHING END YET AS NOT WEAKENING MINERALISATION.?
SO, THE COPPER EXPERT WILL BE ONE THAT IS AN EXPERT IN ANOTHER TYPE OF PORPHYRY?
[I have an idea as I have checked but we wait to see what the expert says]
SO, LOTS TO COME WITH THE ABOVE SURPRISES ie Not Lachlan Fold type.
Clue: Starts with S x x x x G x x x ?
News, Mon 18 Jan 2021 @10:10pm
DYOR
SP 8p, Cap £50m.
We are situated BETWEEN Claudia ridgeway and BODA, it’s a nice spot and one that will only get better. It’s the FIRST Drill of 3.
My ohhh my ... good luck trying to get in early tomorrow, string buying in to close .... let’s see the real action from tomorrow when Colin repeats .....”WE ARE STILL drilling “
I guess it will be goodbye to single digits and in to the teens.
I've been looking at tge copper intersections on the drilling plan. Has anyone looked at how the copper intsections line upbwith the depths quoted and geology assumed from the surveys? Does the drill go inline with the crosssection or will it go further forward or backward at depth? Assuming the drill goes through the vertical cross sectiin tgen from the depths quoted it looks as if the coppwr inteesection on BRD008 should be higher up and more in line with the assumed geology. We don't appear to have a lot of specifics available on the drilling but would be curious to hear the thoughts from someone experienced in this area. It won't make a jot of difference to the SP but I'm curious...
some sharp cookies here....I like.....makes me think how strategic minerals was played by folk on forums...believe it or not....has never really recovered........UKOG.........mmmmm also off to a foreign land.
A Very interesting quote in management presentation on Bushranger!
"Multiple IP, magnetic and geochemical features indicate the potential for the project to host a
cluster of copper-gold porphyry deposits, similar to CADIA-RIDGEWAY
https://smedg.org.au/discovery-of-the-cadia-ridgeway-gold-copper-porphyry-deposit-john-holliday-colinmcmillanian-tedder/
The Cadia Ridgeway deposit is one of a group of porphyry-style deposits discovered since 1992 by Newcrest geologists (Wood and Holliday, 1995; Holliday et al, 1998), at Cadia 20 kms south of Orange in the central tablelands of NSW. The Ridgeway deposit lies 500m below the surface, 3 kms north-west of the Cadia Hill open cut mine, and was discovered in November 1996. It is notably rich in Au with an inferred and indicated resource of 44 Mt at 2.6 g/t Au and 0.82% Cu, and is currently under development as an underground mining operation.
Knowles be careful mate rsi is at an all time high you’d be best waiting for a pullback now IMO or you risked getting spiked
Hum , your postings from yesterday have aged particularly well by the way lol