RE: Going to the casino.7 Sep 2022 19:41
It was obviously going to go back down as we’ve been climbing for the last couple of weeks, we’re still double the share price from a few weeks ago. The difference now is that virgin land (Pepas) has shown very substantial strike in the first hole, as the resource gets bigger the market cap should also. The fact is once phase 2 finally arrives then the majors are going to throw the kitchen sink at it, drill numerous areas at once and even if we still get quartley updates ( hopefully the delay in entering phase 2 is the fact Brad wants updating more frequently and negotiations are ongoing in regards to that) then each one should contain much more assays than any previous we’ve had. $8-9m per year equates to about 90 holes per year averaging about the cost, so potentially 20 odd holes per quarter. Imagine the first time we get 20ish holes from numerous prospects with results like Apta has shown and Pepas 1….
Imagine:
Map89: 59.55m @ 9.61g/t Au, 6.23g/t Ag, 3.75% Zn
MAP-079 23.75m @ 17.40g/t Au, 1.84g/t Ag, 0.19% Zn
MAP-073 21.60m @ 6.02g/t Au, 6.02g/t Ag and 3.23 %Zn
PEP001 150.90 @ 3.0g/t Au, 3.16g/t Ag and 0.15% Zn
Imagine all them arriving on one RNS.
That’s what I’m looking forward to. Ignore these daily fluctuations in exploration companies unless your trading in and out. We have two of the worlds top 3 gold miners paying for everything, classing Anza as one of there most important assets in the world. Huge huge potential here. Think GGP at 1.5p.