BUX 3.92% 5.3¢ buxton resources limited

Ann: Double Magic Ni-Cu Project - Exploration Update, page-39

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  1. 584 Posts.
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    I took a look at the last exploration update again tonight and I was of the same feeling as @Shield Maiden , i think there is something in the ground and the brecciation has certainly got management excited.

    Assay results should be being written up pretty soon and along with the DHTEM that took place post drilling there should be a much clearer picture emerging. When coupled with the 2015 conductors and drilling that has taken place I wouldn't be surprised to see a much more focused drill campaign next time around.

    The question is as an investor will you hang around for it?

    Ni is definitely going to see demand return for high quality sulphide deposits and if the Li battery composition is changed as some are muting then that demand will be slightly greater.

    GLTAH, AIMO
 
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