A lot of talk about 1 photo,1 Hole....sure as the 'Market' we are all waiting for something outstanding in one hole to rocket the Share Price Along....But one hole, whether Good or Not,Won't make a Resource......and in a lot of ways it is the ENTIRE DRILLING PROGRAMME that will determine the extent of the resource.
Yes I would love a great assay result here in this Hole....but it is Not the Only Hole of Significance.....Drilling at Mt Venn is returning results and requires much more work....Eastern Mafic has Just Started.I won't be hanging my hat on Round 1 Prelims from the Eastern Mafic......The Company are encouraged by what has happened there so far,Otherwise they wouldn't have Announced in the Manner they did....The Target is Huge....do we expect 1 Hole to Entirely change the fortunes of the Project one way or another?
I hope the Assay results are outstanding to give the SP a Rocket....but that's not the End of it....Just the begining,with much more Drilling,Much more Results....We'd all be ridiculously Unlucky to come up at the end of it all with Nothing.....In the Grand Scheme of this thing....this 1 Hole could be like 1 drop in a Bucket....It Won't by Itself fill the Bucket,but be part of the overall Resource.However a BIG Drop in that Bucket would be more Fun than a Small Drop....
GBR Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
