PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Probably because the traders want to chase other rainbows and aren't expecting the logging results for 6 weeks or so.
Me I'll probably buy more in a few weeks time.
You could read the rns in several ways. First they were always going to stop drilling at 500m and it might be that they had to stop at 500m depending on the drill rig and borehole anyway.
Second, chalcopyrite is a mixture of copper, iron and sulphur, and so it might be a positive that an increase in magnetite could be good. Or increases in magnetite could mean that the rock formation has changed. Without going deeper then either of these scenarios could be right.
Nurse nurse, can we have some resuscitation equipment over here please!!!
You might have to demand that people show you their holdings again.
Any thoughts that the projects might hook up to the known licences, to extend?
I don't know why people are talking about block caving when open pit goes to 500m, as any results will be based on a 500m drill hole.
This is going nowhere until the scabs have had their shares.
I reckon that there's a bit of top slicing going on, but the results are impressive again, and I'm holding my positions for the resource estimate. Any speculation on what the estimate might be?
I recently saw an article about pzizer and merck testing a covid oral drug
Gold shot up again. Can't see this being below the 20s next week.
Two things:
I don't seem to be able to find the telegram group, can someone give me the title of the group.
And I can't seem to find the details of the drills, how many metres they expect to drill, how many holes. Anyone know?
I think that it's being primed for a low ball take out in the next few weeks.
Firstly, I only post under one name, so paranoia must be setting in. Also, I've been an investor/trader for over 20 years and I urge anyone not to follow people trying to set up trading groups, as I've seen others lose money from them. Sefton, room service, langbar and others come to mind, where ringleaders would buy shares and then encourage others to buy, and then sell before others, leaving them to hold their losses. Let's keep the conversation to orr as that's what the thread is for.
Dogstartrader, by your own admission you've sold out, and so why not take your advice and thoughts to another board as you've started to dominate and clog up this board imo.
The 43.60 g/t is part of a vein with gold above and beneath it, so the breakdown of the results show gold in that hole down to 115m (I'd like to know at what depth they drilled to) and that the vein began at 107m, so probably 8m vein width, but weirdly they haven't tested 109-110m.
This is the results from 5 holes, one is partial results. There are 20 holes pending, three of which are diamond drill that went down to over 200m each.
Good results from djibouti so far, and at a -50/60 degree inclination, meaning that true depth is shallower. Also the grades are better at depth. This is what I expect to see at both Bibimi, eventually, and Senala, where they've done two holes at approx 300m at Fare, and they've probably also drilled 300m at Madina Bafe. All of these projects remind me of ggp.
I thought that they finished drilling Fare at the beginning of June and then moved to Madina Bafe to drill, but are not sure if they will finish drilling before the rains. The results from Fare should be released regardless of MB.
There was also some border issue with one of the other projects, Djibouti, I think, and that should have resolved by now.
My opinion is that the Bibimi results were poor compared to the trenching results, but they were still ok when you factor in the veins (and I would have used the drilling opportunity to sink in one drill straight down a vein to prove it... But that's me). I expected the share price to fall, but now I expect it to slowly rise in anticipation of Fare results, which is a different kettle of fizz. I'd also like to see a half year general update on all of the projects in the next two weeks, which will clear the air, as the company is not a one trick pony.
Dogstartrader, you really shouldn't be giving investment advice to others.