GTE 0.00% 2.8¢ great western exploration limited.

Re: the depth - perhaps this indicates they believe there could...

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  1. 15,767 Posts.
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    Re: the depth - perhaps this indicates they believe there could be something very shallow they could economically cart off to the mill literally in trucks to start generating immediate cash flow?

    Re: “Those DD cores may shed some light on the effects of the two major faults that are said to intersect on the ground there and at what depth is one possibility ???” - to what end? What specifically are they hoping to demonstrate do you suppose? I don’t think they would go to the expense if they were still trying to understand the geology a bit better? What I’m trying to get at is are they at the stage where they think they have enough of an idea that if they can just proove up their theory with this phase of diamond drilling, then they know they have a mineable deposit (and if so, what is that theory and why would it mean such a deposit exists?) - or are they still many more phases away trying to get lucky and “collecting structural information” is a euphemism for scratching around hoping?
    I am pretty sure the market isn’t interested in collecting info. It’s interested in a discovery that can be monetised. How close is that prospect, realistically?
 
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