Do you mean before or after the CR. We have been here before a number of times. FOMO pumps the price up for the raising then the price slides as more holes pin cushion the prospect. You don't need experts to keep drilling 1,000m holes on fence lines, first east then west then north and now south. That's all the points of the compass.
Also read the announcement carefully as the piece of drill core showing the high-sulphidation pyrite-chalcopyrite-bornite-covellite-chalcocite mineralisation from 542.5m in photo 3 at the end of the announcement on page 11 is the same core as shown in the 18 Dec 2018 announcement. Same goes for photo 2. Anyone just reading the announcement in a cursory way couldn't be blamed for mistaking this core as having come from the new hole. What the price will be in mid-March is anyone's guess, what the SP will be if they don't find high gold grades at that depth is really the question.
Also the title of the announcement says the hole hit a "significant" zone of bornite.
"Stavely Hits Significant Zone of Bornite for the First Time as Porphyry Search Gains Momentum Current drill-hole SMD044 intersects ~110m zone of chalcopyrite mineralisation"
but when you read the description of the bornite intersection of interest between 645.4m and 688.9m it describes it as disseminated and remaining "variable in intensity from trace to small zones of moderate"?? (whatever that means). The best example is shown as a clot of bornite/chalcopyrite in a silica clast in core on page 7. If that's the best example I don't know why it would be described as significant. This zone better carry some gold as the copper grades are unlikely to be economic at that depth IMO based on the description. Esh
