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Better off aiming for a chinrest in my opinion...

Perhaps I’m just being greedy and impatient but the point I’m trying to make is that this management team’s job is to create shareholder value - so far we appear to have a decent set of assay results yet the attendent market reaction has been subdued.

Hogwash - it can and it probably will... But as you say - this is aim, and an exploration stock (ie the wart on the end of a witches noseof the investment world) so anything could happen. I’m off for a surf.

Rose tinted - According to some in here this hav find is the next brinks matt and the share price cant sustain tuppence despite some half decent drilling.

Remember the 1 in ~200 rule. Watering out another "amazing discovery" with a load more holes will end up with an empty bank account.

broken record...

50p says we don't get above tuppence...

You can’t unfind a gold mine... cocks

Interesting piece there Paddy. One might like to take a look at this statement buried in that JV article... “Drawing on public domain geophysical imagery, Red reckons Winu shows up as a low-amplitude, bullseye magnetic target along a high-gravity ridge. Two very similar low-amplitude magnetic bullseye targets along the same high-gravity trend are evident in Red’s ground to the north-west.” Then look at Havieron, then the Scallywag magnetic anomalies. Now it’s always rather silly to make comparison’s but rather intereting nevertheless.

I’m not that familiar with these types of smaller intrusion deposits but the one’s I’ve worked on (larger magmatic bodies) tend to followed defined sequences - different minerals precipitate out of solution at different temperatures / pressure profiles so the geos will be looking to target where they think the concentrations of target minerals are in the next round of drills.

Difficult to be certain from afar but this mafic intrusion is most likely to be sympathetic with the mineralisation present. As this magma was injected into the host rocks the associated heat, pressure and fluids brecciated (read - broke up) the surrounding geology and as it cooled lots of lovely minerals precipitated out. So although being barren - it’s intrinsic to the rather exciting looking assay.

Ignore that then...

I’d say 60/40 at the mo.

Tibers - the chances of it being mined are directly proportional to the quality of the next set of results -even if they are excellent it’s not a given.

Yes - I’ve pointed out before on here good grades aren’t always the be all and end all of a prospect’s chance of being mined. One swallow etc, etc,. There are some stupid people in here who choose to ignore the other risks associated with a project such as this. A few Berks in here also claim you can’t unfind a gold mine. Well I know you can, but of course hope we don't in this instance.

I don’t buy this jv/ partner talk at this stage. Why, with several mill in the back bin, warrants exercising and the potential to drill thousands of meters of core would you let a major in now. The risk gets removed but the reward shifts to the partner. If this is a beast then surely the task is to prove up then look for an offtake.

Yep - buys by a certain DDH1

Don't underestimate the the drillers, they might not have the qualifications but many I have worked with have a sixth senth for sniffing out the good stiff. Tidy profit there indeed, if they’re still invested I’m not going anywhere...

People are obsessed with RTOs round here.
jez

Could be a few clues here... https://youtu.be/x1ClJaNCug0