BOA 0.00% 2.4¢ boadicea resources limited

Companies are afraid to drill holes these days

  1. 1,852 Posts.
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    Gone are the days when company shares rose sharply on anticipation of drilling holes. It is a case of please do not drill unless you are going to hit mega-high grade nickel or copper, or gold mining costs under $200 per ounce. Shares are close to the point of capitulation in the mining exploration sector, 'good heavens 1% nickel and 1% copper found, think of the cost and capital raising'. This last happened after the 1987 collapse when some shares dropped 75% in a few days.

    BOA and WIN are closest to NOVA and precisely no one cares a jot. BOA at a low market cap should bounce the most on a Nova style strike - the market needs it real bad. Good luck my friends, I suffer the pain of all this as much as most I think.
 
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