re: Ann: Significant Gold-Copper Porphyry Int... Yeah this one does have a tendency to move a lot of % on low volume.
Re the PT results, the announcement did say to a 'depth'. I would have thought that meant verticle from surface and 'length' would be used to describe distance of the drill from surface. Could be wrong though.
Looks like of the two, Jampang may have the grades while Wongi might have some bulk.
I didn't see a sell off of over 20% from good news like this coming. Perhaps a few punters saw the news and it triggered a sell 'at market' rather than waiting to see if there was any interest. The low $ traded seem to point at this more than anything I think.
In any case there's a gap there that shouldn't take to long to close. I expect I'll buy up some more once we know what the approach to a CR will be. Some nickel bulls starting to pop up in the newspapers now too. Other than needing a CR, Augur look poised to have a few more diversified JORC resources up their sleeve in the next 18 months I would have thought. And looks like plenty of trenching results to come for Wongi - any thoughts how long they might take?
COLCOM
AUK Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
