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Do companies ever do a one hole drilling campaign?
I've not seen it.
……how do you know it hasn’t already happened…..you don’t, as I don’t know it has……..but what we do know is things are moving quickly and Mike & Nick are thinking outside the box, if you could get a good set of results out of Hurricane from your most prospective hole, imagine what that would do to the SP…… keep on reclining in your CEO armchair, in your beige suit TS
Yes Tamer. They will take the rig all the way from Victoria to Queensland, prepare the access track, take a couple of weeks to prepare the pad, fly the drill rig crew up and drill one hole (they may just about have time for one).
Then they will release an RNS with the result of one hole which the market will view as a pot luck result as one drill tells you nothing.
It could happen 🙄
.........nobtrex, loooOOOL, I like it.............has he combusted from over posting?.............needs to get out more that one
............mental........unlikely maybe.....but!........as the rainy season does not start until December, I am sure that they would like to get at least one (the best) hole in.........anyway we are still waiting on "the plan"............GM tomorrow
The Earl has friends. Wait till Profit Jock and the like arrive.
Unlikely Ti, The wet season is Nov - April.
Rx, you have your work cut out with this Earl chap! JV's and 20 bagging on the menu eh!
It definitely looks like it's all there to play for.
I know i keep banging on about drilling, but i think that a drilling plan will give confidence that we are serious - and for me it feels like confidence is what the market is looking for.
Yes, Still absolutely no chance of drilling this year Tamer......same as it was, and for the same reasons give at the start of the week.
I do think we will have an initial drilling plan laid out be the end of the year for both Hurricane and Lolworth, ready to kick off at the start of the dry season next year though
……still think there will be no drilling this year?
Adam Jones, the Technical Director, stated: “It's now unequivocally confirmed that the Holmes vein is the primary vein system in the broader Hurricane region, exhibiting the highest gold and antimony concentrations at the shear zone in that location."
Look at this map of gold
https://twitter.com/Share_Talk/status/1709858052034179106?t=qLt1GLtF5Rs-c3JCIfuS1g&s=19
This will go ballistic when JV is announced.
fantastic grades not to be missed
Commercial Proposition = JV partner in waiting
the way I look at this ECR could get a knock on the door from some mid tier gold company to do a JV and realise the fantastic gold grades ECR are finding.
Ecr multiple bagger potential
I didn't realise Nick Tulloch was a geologist, glad we're not relying on good ol AJ as his track record is terrible. Also nice to hear phones are ringing off the hook again for a JV. God, we've heard all this nonsense before, are we just repeating 2020?
Commercial Proposition = JV partner in waiting
the way I look at this ECR could get a knock on the door from some mid tier gold company to do a JV and realise the fantastic gold grades ECR are finding.
Ecr multiple bagger potential
Cip2d....That's what we need in the plan.....some drilling timetables..
Let's see what they come up with.
Oh dear, the Earl of Aim is here. When he/she appears, you start to miss Nobtrex.
.........could there be some red faces on this BB (FFS.....Lool)?
................nobody has discussed Nick's comment that I posted this morning...............Nick Tulloch "some grades & 'drill ready' zones indicate a potentially commercial proposition.."
We need to see drilling, anything else is just flannel.
Lolworth Niobium 'bullseye' identified
20% of first batch of Hurricane rock chip sampling at commercial grades
New licence announced directly to the east of Hurricane
Second set of results show 'commercial viability' and drill ready sites identified
And that's just on the last week or so.
The positive results are building and we just need the BOD to release the review of assets and business plan to get some certainty on the direction of ECR for the next six months and we will see some decent movement here.
A really positive and encouraging RNS then what do we get?
A sea of red and a drop in the SP.
Frustration but also a strong sense of anticipation.
Deeply invested here and in for the long haul.
Unless the bailiffs are knocking at your door seems crazy to sell at the current bid price.
GLA
It was refreshing to see a comment from AJ on that RNS. A total change of focus from the new BOD.
….. “we look forward to the GM on Friday, which is essential “……..so do I DOC, so do I!….. https://x.com/dds_docholiday/status/1709821183057870868?s=46
Https://www.londonstockexchange.com/news-article/ECR/hurricane-final-rock-chip-results-prospectivity/16153783
RNS for anybody who missed it.