Interesting post from elsewhere5 Aug 2023 14:03
Chalice went up 1500% in a year on the back of their nickel discovery, note they continued to increase the following year. One can see, evaluate, and learn from what the catalysts for the major moves in the share price were from reviewing the image. If a major discovery, of world class potential, is discovered, the movements can be very strong and over short durations.
So again, for reference, if someone were to ask me where EEE would currently compare when assessed against Chalice, we can see that we would be placed around the Apr-20 period I have placed a blue star as a comparison, now what EEE does next depends on what the news flow will be. The drilling and assays are what confirm the size and scale of a discovery. The airborne survey is the detective work which helps a company focus in on where exactly to look for the best prospects.
I do also believe that something else will be discovered, for example some kind of copper discovery, and as I said previously the mineralisation confirmation from the previous drilling has only helped to strengthen the potential, although most people don't quite understand that.