Phoenix Copper. Share Price (PXC)

"These holes were primarily drilled to give us an indication of the limits of the mineralisation, both geologically into the granite and at the limits of our patented claims to the north."

At least post the whole story. I don't have a map with X marks the spot for these holes but it appears they are targeting the extreme end to evaluate the full extent of the metals. They don't devalue Red Star as I see it. Happy to be proved wrong !!

He’s a deramper and doesn’t hold PXC, just ignore him.

Some nice buys today and good values, after a little mm shake we’ll be going north again.

Resources huge, results amazing, Gold, Silver & Copper, funded this year and production next !!!!

Massive upside.

What a load of rubbish. You're level of comprehension is so low, I think that trying to correct you would be a fruitless exercise, so I'm not going to bother.

Someone on a Telegram group trimmed a big holding this morning (he told the group and is holding the rest). My view is the big seller is done this was just someone taking some off the table when in profit, being open about it and holding the rest long.

as often happens with a much anticipated RNS, hence the old adage too often come true of ' buy on the rumor sell on the news.'

Seems to me that whilst rejoicing the good news, perhaps the more important line was:

"Although all four holes encountered modest mineralisation, the geological and geochemical information gathered from these holes provides us with invaluable data for targeting our next phase of drilling the Red Star vein system. "

To have said such when the share price was spiking allowing those who 'did' read that to exit gracefully, would have ensured the wrath of small hopeful holders and any rampers on that morn, and as no doubt the 'questioning' of such will still do so.

What it said in a less brutal way was all holes drilled came back on that site with poor results, but at least we know not to throw limited resources there again.

Whilst gold is good news as it is currently high, surely PXC was hoping for substantial Copper deposits primarily and perhaps that is why the large holder is subtle in the escape route, for to dump all at once would not be in there advantage as every seller needs a buyer, and with low volumes (why?) of trades, it would plunge the price as MM's wouldn't want to be left holding the baby when the bath water is thrown out.

Still in profit, but with huge spreads for how long is questionable.