RE: Share Price1 Nov 2021 17:48
Steve Whilst on the dog walk I was trying for 15 mins from 16.10 to 16.24, after an alert went off after >6% drop, finally I got 45k@5.29. The dog also found something to entertain himself and returned eventually with a mouthful of feathers !
Without news tmrw the SP may be walked down again.
I think 11 and 12 assays could be strong and improve the SP but more importantly strengthen the 2mt siutation. The geo observations in RNS for these holes are worded very positively as pointed out by Gixxer (THANKS GIXXER)
"Hole BRDD-21-011 was completed at 673.3m, having intersected 512m of visible copper mineralisation from 110m, including two intervals of stronger mineralisation over 43m and 162m lengths in the main (western) zone and one stronger mineralised interval in the eastern zone over a 49m length.
· Hole BRDD-21-012 was completed at 498.4m after intersecting a 187m interval of visible copper mineralisation from 204m-391m, with a stronger 74m zone of mineralisation intercepted from 204m "
I think 14 assay RNS will require some careful wording, as pointed out by Gixxer. The hole t was quite exploratory into the SE anomaly but whatever they observed together with the drone IP data as really encouraged them to focus on the SE anomaly with the new batch of drill holes
"Hole BRDD-21-14 , sited to test a new IP geophysical target to the southeast of the Racecourse Indicated Mineral Resource, intersected a wide alteration zone with pyrrhotite/pyrite mineralisation and associated copper sulphides
· Preliminary data from a drone-mounted magnetic survey indicates that BRDD-21-014 may be located within the MARGIN of a new segment of the Racecourse porphyry system, with detailed modelling of the survey results and drillhole data to direct further drilling on this target"
Drill map for convenience
https://www.rns-pdf.londonstockexchange.com/rns/8649O_3-2021-10-12.pdf