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Hi Portfolio Power We don't drive pegs in the ground anymore for Exploration Licences -all done on my computer and with my tenement administrators. Check out DMIRS in Western Australia. Its all online now around the world.
Spot on -I have just pegged another large Exploration Licence at West Tanami - see PVW Resources and Killi Resources on ASX with their TREO plays where I have pegged adjacent. Have a look at PVW grades - basically an unconformity on the contact of the Pargee Sandstone.
But you have highlighted South East China muscovite and biotitic granite intrusives - which just happen to be in abundance on the ground I just pegged -and pegmatites - but thus far I don't think anyone knows the extent or if LCT. Nor do I think they have thought too much about ionic settings.
Now back to the Hiltaba Granite Suites at Wudinna - I am so busy but perhaps you might like to research the Hiltaba Suite -they are very extensive in the Gawler Craton and to answer the gentleman who asked about tin - the GSSA in South Australia has done extensive work on tin in the Hiltaba -and there is historical high grade tin near surface in the AGS tenements immediately adjacent to Wudinna. But we will leave the tin for another day now -if as this develops we can get a market capitalisation of several hundred million dollars I will just settle for rare earths :-)
Great to see everyone happy -when I conceived the formation and listing of COBR it was lithium and then we ended up with Wudinna and gold -rare earths wasn't on our radar screen.
Looks like a great REE play developing if Putin doesn't spoil the party.
By way of market capitalisation which is my guiding light Australian Rare Earths with Koppamurra an ionic clay resource also in South Australia has a market cap of AUD$ 92 million -with roughly the same average grade as we have thus far at Wudinna.
Then we have Ionic Rare Earths another ASX listed ionic rare earths company with Makuutu in Uganda now with a market
cap of AUD $ 191 million . No doubt they are getting some good grades lately up around 1200 ppm but sovereign risk !
COBR could at least triple in the next 6-12 months and there are a lot of the highly prospective granite suites so I would expect everyone is going to be a lot more happier -including myself as it all unfolds. And then there is the gold -and don't forget the tin :-)
Very welcome news -an incredible New Years present for all shareholders.
Early days but be surprised if we don't have a world class ionic clay resource. IXR with Makuutu listed on ASX has a $201 million dollar market cap average HREO grade of 650ppm. Lots of study yet and of course lots of drilling but I suspect COBR will be many times the current price in the not too distant future .
All about lithium going ballistic -have a look at the huge turnover on ASX last couple of days. UK investors have no idea what is happening in global markets. When you have absorbed that get on QXR :-)
Mate I brought it to the attention of THR in which I hold shares and warrants. And I have more ground there in the same geological settings.
https://twitter.com/CalidusLtd/status/1483227247075119108/photo/1
Read the CAI announcement -see their map and then look at the map link I posted if it works and see where THR are located next to CAI in the Corunna Batholith.
https://twitter.com/CalidusLtd
With luck this should take you to my post.
https://hotcopper.com.au/threads/ann-maiden-rc-drilling-commences-ragged-range-project-wa.6343706/page-112?post_id=58957355
Not sure if this link will work or if you are not on Hot Copper whether you can view.
https://hotcopper.com.au/threads/ann-maiden-rc-drilling-commences-ragged-range-project-wa.6343706/page-2?direction=previous
Thor have extensive Split Rock Supersuite granite assemblages across three of it tenements that I sold them at Ragged Range . These rock types are hosts to extensive LCT pegmatites in the Pilbara . For UK investors lithium juniors on ASX are going ballistic. I cant post maps on this forum -if you want the real story and maps follow Black Cat on Hot Copper :-) This is huge news for THR if it embraces the lithium potential on its Ragged Range acreage .
Sorry Cashking --- I wouldn't touch a company with a focus on the Victorian goldfields . After 66 years in the exploration business only one real gold discovery in Victoria at Fosterville and what a discovery that has been - about the best on the planet. Noone would applaud another discovery like Fosterville more than I but let's be realistic - you can go to the Melbourne casino or you can throw money at Victorian hopefuls like ECR . ECR needs to diversify to the Pilbara -we have it all iron ore - lithium -and now DEG proving up what is going to be about the biggest gold discovery in a century. But your call and best of luck -you can even win at the casino occasionally.
Hi Richy I have no idea mate -never know your luck in a big country ! I guess we will have to wait and see . I just wish COBR would expand with a lithium prospect - I am that busy pegging and doing deals on lithium -it's like magic to fire up your share price. Only game in town at the moment .
Gee whiz I can't keep up - PaulJohnson parted company with me for Andrew Bell my old sparring partner in RGM and RRR -and now Craig Moulton ! I wondered why a friend asked me today who First Resources was following him on Twitter lol And Mick Billing on the board of his other Nevada company ! All good fun -
Fairview -many options - dual listing like THR - vend the entire project into a new Aust. company -bring in new shareholders here and list on ASX -then COBR becomes a holding / investment company . Many ways it could be structured -
Oh no - Craig Brown gone - I didn't know -I am in shock . Last time we met was in Bangkok with all the boys about 3 years ago - prior to that in Perth. We never hit it off but I am saddened -- cant believe he has passed away .