These two images side by side paints all you need to know about where we are right now and the extremely high potential of the imminent drilling to deliver a knockout blow and put this in the discovery books of NSW copper, I’ll say it again this is the most exciting time in this company’s history - I’m now surer than ever at this point and ironically we are placed at the cheapest valuation point prior. The penny has dropped for many and the other half (the bigger half) can't purchase until confirmation. I was confident in either that last drill (core 90) or this one to deliver it, but this next drill I have no doubt at all.
@tangs I know you’re a bird to hand type person, but I respectively disagree with you in regards to “there is not evidence of thickening”, in fact its screaming as the most prominent takeaway in the last two releases.
“Both holes were followed-up with down-hole EM surveys and returned strong (up to 500 Siemens) responses from nearby conductors (within 50m). These off-hole conductors are interpreted to represent potential extensions that may host thickening and/or increase in tenor of the massive sulphide zone and are priority drill targets” (refer Figure 1).
I assume they will adjust the orientation from Core 90 position, and that very high grade has a good chance of going on for a good width representing either a fold nose/fault thickening, which looks some what likely and with that Siemens response - you get the picture.
@La Tache you nailed it exactly right on your last post.
Bring on the don’t argue hole/s and drill the strike out like mad, it's been a wait yes - but worth it absolutely. I’ll say it again in our echo chamber, 14 million MC and I’m very confident this is the last chance now for us before larger money can start taking it seriously IMO. Good things take time and we're at end of that discovery phase and are moving into the exciting phase of resource definition drilling - hence the confidence in JORC delivery H2.
I’m confident they won’t wait long to drill this major milestone out.
And to all those thinking a CR is imminent before the drill, I wouldn’t count your chickens before they hatch. They have enough $ with absolutely no strain in order to deliver a knockout blow before the cavalry arrives, and before any pressure comes on that front - like I said I doubt they will be wasting any time getting that rig. Also on that note, I believe the market is fully complacent on the fact that they have multiple assets at their disposal, which most are actively being negotiated.
Dominoes are in place - awaiting first knock over!!!!!
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