AZH 0.00% 24.5¢ azimuth resources limited

re: Ann: Hicks Project Drilling Intersects 30... Apart from the...

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  1. 23 Posts.
    re: Ann: Hicks Project Drilling Intersects 30... Apart from the massive 30m @ 7.68g/t intersection which really should drive the SP on itfs own, I am struggling to know why the market is not overly excited about the great potential of HR.

    The news says gThe mineralised interval encountered in HRC]002 is somewhat unexpected"....and...gIt has now been assessed that it is possible that mineralisation encountered in HRC]002 may represent part of a structurally controlled, plunging, high grade ore shooth.

    My view on those comments, is that the grades and structure are very different to the historical resource data, so great potential for larger resources.

    Depends how you read it, but I wish management would have highlighted that too!
 
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