N27 0.00% 3.6¢ northern cobalt limited

Ann: High Grade First Drill Results - Stanton Cobalt Deposit, page-134

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  1. 1,792 Posts.
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    I think what also needs to be highlighted is that the company drilled an ADDITIONAL 13 holes more than PLANNED.

    I think the geos were liking what they saw and that's why they immediately tested for extensions.

    The initial high grades that were intersected in all 5 holes also suggest to me that this is the case.

    With all that volume and considering today's VWAP of 71c, a big a base of new holders has been formed.

    Monday will be very rewarding... the additional holes suggest also that the remaining ones should also contain shallow high cobalt. With news due any moment, even with the latest announcement saying 'early next week', the risk is definitely missing out to the upside here IMO.
    Last edited by boy1: 24/11/17
 
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