BUX 7.84% 5.5¢ buxton resources limited

Ann: Brecciated massive sulphides intersected at three conductors, page-18

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  1. 3,045 Posts.
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    Market response is quite bizzare. Mr Market reactions these days with many stocks beggars disbelief at times. Too may day traders on borrowed money and borrowed time to settle up their T+2 payment requirement.... nett result is forced selling to close out their position beforehand. And on the way triggering stop loss orders. Anyway, I have used the opportunity to top up.
    I note the comments by some posters re the term brecciated as being construed as negative, all it means is that the magma was moving very fast as it forced its way through the rocks, tearing off small chunks of rock which then remain trapped in the sulphide magma as it solidifies. The brecciation is the rock chunks, if they were not there the announcement would have simply read as being massive sulphides. At the end of the day what does it matter if there are some rock fragments entrapped in the sulphide layers.
 
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