re: Ann: TRF: Explains High Grade Exploration...
Just to add to that. MP advised the market that hole 21 was purely random to be the first reported for multi-element assays on which he milked $3.5m. Much less than 5% chance that only one random hole has silver. But perhaps much higher again if none of them do.
If it all goes sour there are the mug punters plus $3.5m of Canaccord suckers to seek accountability. The comment along the lines of "we'll find the source as a priority" doesn't help either.
Unlike OO's post, which is more than valid in it's interp, the Co is maintaining that the silver is pervasive. 8/21 as they say.
All so bizarre. Trafford ramping it too. I am at 30/70 to think the silver will show up to be pervasive, and if the 70 comes up it would be the biggest spiders' web of BS the ASX has seen for a while. The financial risk reward to stay in it at 30/70 might be still there. But it is up to every punter to decide their own risk reward odds.
OGX Price at posting:
19.3¢ Sentiment: None Disclosure: Not Held
