RE: Strike length of 40 Kms !17 Nov 2019 06:25
As posted previously by Wittering:-
"At Volchetundra, new trenching work has now identified ore grades of 0.7 grams
per tonne (g/t) of PGMs over a thickness of 10 metres, and 4.7g/t of platinum,
4.6g/t of palladium and 2g/t of gold over a thickness of 2.6 metres. The area
covers a major intrusion with a strike length of 40 kilometres."
Does that mean what I think it means?
Or if you prefer:-
A rich PGM seam of 40Km in length........ or 25 Miles in length....... or the distance between London and St Albans....... or the distance covered by traveling at 100MPH for 15 Minutes.......it all points to the same thing.
Erm....... A very large discovery putting it mildly.
Everybody wants a share of this, and if you have the money you can approach the Market Makers with you £250,000 punt and stipulate the price you are prepared to pay, as you do not want to pay the going rate, as the MMs love a deal they rub their hands together and the game is on, to fill this £250,000 order they report all buys as sells and any other trick to reduce the share price down to trip stop losses that the unaware investors set, as they can see all stop losses. The MMs do not like to actually hold much stock as that could be risky, so they prefer to make the market by hook or by crook. all fair game to them. This dropping of the share price also makes the week panic sell their shares and only, later on, to see it pop back up just as quickly and then see a massive share buy pop up after hours. Money talks.
Do not set stop losses on AIM, they show your hand and unlikely to act in your favor.
Just do your due diligence and then BUY and HOLD as the value will come out in the end, this is an asset sale on face value and that is not reflected in the share price till the end game.
Have a good weekend, and look forward to next week, another week closer.
Good luck all.