PIO 10.0% 1.1¢ pioneer resources limited

Ann: Drilling underway at Golden Ridge - Leo's Dam, page-11

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  1. 2,281 Posts.
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    Have been saying for a while that the refined targets from the good Doctor may get a run sooner than later and it looks like Nigel has had this Cessna "jewel" in his back pocket for a while. Good timing for him and PIO with the current cash-flow position. The targets have been revamped at GR with NB leading the charge and are somewhat different from previous consultants. Yes, the soil anomalies at Cessna are very encouraging, but the potential for NiS at the basal contact/footwall of the dome at GR is very high IMO. It is a known Ni region and the MgO levels are high in the Ultramafics. In an already Known Ni region, it is all about refining targets and Nigel is a specialist academic and practitioner in this area so bodes well IMO.
    Just need to clip one of these lenses of ~5% and things could change quickly.
    This company remains speculative, even with the recent Cs find and it remains, IMO, all about cash for drilling a lode strike. A good hit could give us some much wider coverage within the traditional investment community.

    Thats a lot of IMO's, but I'm happy with my investment here and will be buying further into this drill campaign.
 
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