Ann: Investor Update, page-3

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morningsttarr

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05/02/18

13:49

Post #: 30826090
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Originally posted by broosta ↑

I am trying to understand this company and the more I look at what they are doing and how they are doing it the more questions need answers.

Does anyone else think it odd that an experienced BoD with decades of exploration uses what I consider a unique drill spacing for its exploration? I was always taught that explorers drill for structure and let the follow up infill drilling provide guidance on grade; and hence the company (if they find a potential resource) then plans the mine based on structure and location of economic grade. The spacing between and drill orientation (noted by wgdt72 and eastwest101 in High-Grade Copper Intersected at The Trump Mining Lease tread) seems at odds with this mode of exploration.

Why is there no wide space drilling to find out how extensive the mineralisation is or is there something structurally unique to this part of the world that makes standard exploration practice obsolete? What am I missing…will the company now seek to develop a deposit based on these primary holes? If so how will the company achieve this goal without defining its structure?

To my mind, without step out drilling the current drill holes looks more like a game of hopscotch! Does the BoD class these holes as scout holes????? Can someone clue me in because I am at a loss to understand this company's means of achieving a market acceptable approach.

Broosta

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Mining the market headlines perhaps

AMG Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
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Ann: Investor Update, page-3

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Resolute shares bounce back as second payment made to Mali government to secure workers' release

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects