Soke with Hugh this am wa time as I like to with most of my spec investments. Usually it achives nothing.
Nothing he refered to is market sensitive and as he said he can't say anything.
Drill does not seem to be a 24 hour or continuous operation and hence drill deapth probably not reached.
Although he is not keen in releasing visuals for credibility and inaccuracy - in the event of heamatite and obvious sulfide mineralization that may occur he may do.
He however would not speculate on grades etc until formal results. As reiterated a positive hit will keep the rig on site.
As for whats down there 'nobody knows' but the are of demagnetization in a known corridor of targets with a 4mg ground based gravity survey gives hope.
Its a wild cat we all appreciate that.
finch
karratha
markets are stella at present - not.
AXT Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held