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Just saw that the Aussie SP is up 40% since listing - now at 0.28. I wonder if Aussies know more about mining than in the UK? Probably. I also wonder if Canadians know more about mining than in the UK and if so then perhaps listing the Canadian assets in Canada would help? Does a UK listing for a mining exploration company (with only Aussie and Canadian assets) bring the right shareholder value?
Nickel squeeze.......
I have just gotten round to listening to the Stockbox interview and thought it particularly notable that it sounds like they targeted a magnetic high, and that chalcopyrite does not generate a magnetic high. I have had a look online and sphalerite is not magnetic either. On this basis, it seems almost inevitable that they would have hit iron sulphides with this drill, since that is effectively what their method was targeting. But, as Darren says in the interview, and as the diagram on Twitter shows, copper and zinc are likely to be nearby.
All this strongly reinforces the view which I came to when I first read the RNS this morning, namely that the key bit of news here is that we have hit a large VMS deposit full stop, and that the finding of economic copper and zinc deposits is likely to follow
Yeeeeesss Willow and Levi......
Lets face it if life changing Aim gains were easy ....everyone would be at it.....
Here is as gooder chance as any and I do feel comfort in Darren's approach......
Anything that goes up in a straight line usually comes straight back down.....
Panther has the potential from Market cap £7m and 67m shares to be a mega multibagger......
I know we all have a different approach and one cannot dismiss others opinions or investment strategy...
Mine is quite simple ...if you feel it in your gut and the assets and fundamentals have legs ...sit tight and give it time to play out....
That is sticking by your investment ...during the mini dips and spikes ..... until the exploration is concluded.....
First 2 holes are a hit....... sounds like we have just brushed the Halo Halo.....
https://youtu.be/bnVUHWCynig Babe or what ???:)))
I love his confidence and enthusiasm, if it's the best investment that he has ever made then I'm happy with that. When he makes money, then I make money. Let the story unfold.
Tweet from Darren suggesting the Vms has moved 90deg and is therefore on it's side.
Not sure why this wasn't in the Rns unless I missed something.
I make that 1.083m shares bought and 1.018 m sold..... and down 10%......
Unless there is still a large sell to be registered..... I think any sellers have had their pants pulled down and taken
a right royal rogering .... Sellers must be selling at a loss....
Panic trading today...... sit back top up and wait for all the ducks anyone buying now will be so happy later this yr......
Bitcoin is proper Bullish here @ Palm...... ATB
Yep , I have just over 1.6 m … aiming to make it 2 m by the month end …
I expect quite a few of us are averaging down. If so then the holdings will be even tighter. Just crossed the 1m mark.
Thanks for posting spud , all good for me , been averaging down, opportunity knocks :))))
I agree bitcoinbuyer, I just think the problem arises from the exuberance in the interviews, especially the last few, which I think has led people to believe or hope that we had hit much more than we got today.
It’s great progress , wHat an earth are you all expecting g from the first 2 holes ???
Vms come in clusters … bring on the awkward drill
Dotted lake assays soon ,
Successful asx ipo …
Ffs the sp should be higher without Ononga
Darren has moved Panther into a different division
Long term investors like me think it’s great news
Atb
Hi ,
RNS is neither good nor bad; it sort of a non event.
They have found potential commercial earth to mine but it’s not substantially mineral rich.
It’s not bad either, it’s just nothing unexpected.
I don’t understand why the share price would fall so dramatically as the RNS could be read both ways as a positive or negative and as such both sides should cancel each other out.
Dotted Lake results can’t be too far away; based on the other developments at dotted lake it could be a game changer for Panther.
Darren was making out they had found something special. Those results are a total non event.
https://twitter.com/spudtheplumber/status/1483361032273809409?t=ExBGj0RyZWAGWnRub-1RGQ&s=19
That's how I read it Metalhead25.
The annoying thing for me is that the weakness of the last couple of sessions suggests to me that some knew about this.
You can’t tell from surface whether a VMS deposit is mostly iron but 5% zinc or mostly iron but 1% or lower zinc, obviously. What the company has proven today is that (a) we have a sizeable VMS deposit and are likely to have more, and (b) they have (so far) a success rate of 100% in finding them from surface. The likelihood of this company making a commercial discovery in the medium term has gone up dramatically
These were not fact finding geological holes, they would have been high conductance targets i.e. the best prospects. The question is what were the conductance readings prior to the drill?
What does good look like for zinc? massive sulphides >5%
A fairly common phenomenon in AIM explorers. Always some people geared up to sell on results “either way”
But an awful lot of selling going on, regardless of the seemingly good news.
Good news - but an awful lot of selling going on this morning.
These are the first two holes, returning intersections of tens of metres of massive sulphide is a great outcome. Yes, there is more hunting around to do to find some greater concentrations of zinc/copper etc, but as the RNS explains there is every reason to be confident in that
Look at the grades, rubbish results, SP now falling