Shakinthat - I am not certain if HC will do a comparison but just to help out, I have prepared the following summary. This should help you to "connect the dots". And if I see one more post on the WIN wall emphasising the fact they only have 88M shares on issue, I will be sick........
Also these figures should provide some indication of which company will be asking shareholders to open their wallets in the near future.
Column 1 Column 2 Column 3 0 BOA WIN 1 Conductor announcement Plain, straight forward and to the point. BOA management has a very conservative approach to the way they report. Totally overboard and “bigger than the Titanic” with many references to Nova similarities – all of them based on “maybe’s”. 2 Conductivity differences “Ground EM has identified a deep, high conductance conductor consistent with a massive sulphide source”.
After viewing a number of recent posts to the WIN wall, it appears that high conductivity does not really mean a great deal.“Strongest conductor identified by Windward to date, with many similarities to the original EM conductor that led to the Nova discovery”. 3 Trend line preferences Nova and Bollinger appear to be on a North-East trend line. Sirius has subsequently identified another 3 or 4 conductors further North-East and just South/S-W of BOA’s border. From memory I think they have drilled one of these conductors and it was barren. No doubt they will test the others at a later date or when more info is available.
BOA’s conductor is on part of this North-East trend.
WIN’s conductor is away from this North-east trend and is probably South-East of Nova. They have put forward a case that their conductor sits between two interpreted linking structures/faults between Nova and WMA1.
Only drilling will show if this is correct or not.4 No. of shares on issue 45.8M 88M 5 Current market cap $9M $34M 6 Exploration expenses for the 6 months to 31/12/2015 $156,000 $1,796,000 7 Administration expenses for the 6 months to 31/12/2015 $154,000 $518,000 8 Cash in bank at 31/12/2015 $2,420,000 $3,700,000
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Shakinthat - I am not certain if HC will do a comparison but...
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