PXX 7.14% 0.8¢ polarx limited

Ann: Further strong visual copper mineralisation at Zackly, page-34

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  1. 403 Posts.
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    Well I certainly concur with the upside potential on the Alaska Range Project we have. The results for Zackly will come in due course. In the meantime the best guidance that the company can give is what it has published. Visual reporting is by nature qualitative and the reasonable caveats are expressed in the ASX releases but without the visual reporting people would be in the dark and the company would struggle to advance it's exploration campaign. If you like you can adopt the assumption that past results will be some guide to the future. In that situation, the company is clearly extending the known limits to strong mineralisation. For me that is enough to base my decision. For others they will need more. It comes down to your risk appetite and de-risking the project will be reflected by a higher share price.
 
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