NVM is very specialised and can be costlyLT hold IMO...

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kingkev

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24/01/19

11:34

Post #: 37210090
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Originally posted by davo079: ↑

https://genesisminerals.com.au/downloads/announcements/gmd20140709.pdf

https://genesisminerals.com.au/downloads/announcements/gmd20140821.pdf

Specifically on this ANN I was interested to read through previous work done by Genesis with involvement also by Canadian major Teck so this is not pie in sky field work (like some other things they're doing..) See these links.

Some encouraging signs and anticipate our drilling will mirror the 2014 results. Better would be awesome!

The question in my mind is strategy. Gold and other base metals are present at Las Openas. We know that 100%. - The Q is whether there is enough to warrant further investment beyond our drilling and proving up a commercially viable resource...

It seems Genesis reached the same point in 2014 (see the second ANN referencing further investment etc) but sat on the project ever since having shifted their focus to more fruitful and closer resources over in WA.

I don't see any smoke / mirrors here. Let's just hope Beckton has done a lot more work on siting our 6 holes and they come up with REALLY good results in a few months. Narrow veins but content could be quite good.

All permits etc in place so this could be very exciting with the AU gods shining...

My opinion only.

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NVM is very specialised and can be costly

LT hold IMO .................Financial viability needs to be confirmed and not assumed before anything else.

AIMHO

DHR Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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NVM is very specialised and can be costlyLT hold IMO...

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