"Theres[sp] nothing like drills that can give a resource real thick thighs for some heavy weight lifting." sjd.
... and THAT'S the rub with the Pilbara play!
The very nature of the, eg. ARV, resource's geology make standard, even large diameter drilling, inconclusive because of the nugetty nature of the deposit. One must trench, trench, trench.... bulk sample ad infinitum. In other words, mine.
It may be Witwatersrand, it may be something else... Brent Cook would NOT be pinned down at all on Hennigh's model (they are colleagues and Hennigh IS honest, key to any TSX-V stock (the"V")). So, what is it? Drilling/trenching, time, money, dilution, time, money... may tell the story.
Contrast that scenario with AQI's geology, ie. drill, assay, build a resource rather straightforwardly.
OV
PS I took my ARV and DEG profits and will put them into boring divvy plays. As for the principal... well, I'm a bit of a speccy player...
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.20M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 3000 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.5¢ | 35000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 300000 | 0.016 |
2 | 536507 | 0.015 |
1 | 150000 | 0.014 |
4 | 564614 | 0.013 |
3 | 203500 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 40000 | 1 |
0.019 | 13276 | 1 |
0.020 | 209964 | 2 |
0.025 | 136456 | 2 |
0.026 | 5780 | 1 |
Last trade - 09.59am 19/11/2024 (20 minute delay) ? |
AQI (ASX) Chart |