CLY 0.00% 0.0¢ clancy exploration limited

Ann: Orange East diamond drilling results , page-4

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  1. 12,503 Posts.
    yes Miningboom,

    my thoughts too.

    Only 18km away from McPhillamy's

    I knew it would be porphry style

    so lower grades

    but the widths should be way more than 1m

    Looks to me the mineralization is there

    but badly missed the hits

    again how are they making sure they can get the right hits next time.

    A massive deposit also means massive drilling bills

    especially when you cant find the right targets.

    If they still hit virtually dud next time

    they should start thinking about diluting project to get free carried interest.

 
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