Climbing back to fair value26 Feb 2021 09:55
Guys, no one was “ramping” this up to 40p, we were all acting on the information we had been given by the company “100m visible mineralisation”
What we didnt expect, was that they’d missed the gold and hit 100m of Zinc instead (not a bad thing at those grades!)
Now the company has called in the cavalry in the form of 2 additional rigs (4 total) to pepper that target with a further 7000m of drilling, and find out exactly which direction the mineralisation trends, and roughly how much is there.
I personally am still very excited about what they might uncover, we are bound to get some very juicy intercepts, and the additional data will help to pinpoint the sweet spot.
We should be at 40-50p based on current progress so far, but “weak hands” have exited and dragged us down. They are pretty much gone now, so chill, the drop is over, look forward to new investors coming on board and the sp recovering as we run up to the next set of results.