Australia's largest stock trading and investment forum Australia's #1 stock forum

4CE

Click for more information

6.25%

1.5¢ force commodities limited

True it did start pretty far away from the peg. I know about...

First 68 Last

Share
Profile

Follow
Seb93

1,249 Posts.

120

06/12/18

14:15

Post #: 36772257
Share

Originally posted by binwood ↑

Originally posted by Seb93
It would also be nice of you to add that AVZ used a diamond drill and had NO hits from 0-65.5m below surface. 4CE are having hits from SURFACE and only drilled up to a depth of 60M. Yes this wasn't the smartest option imo but since you like comparing AVZ to 4ce that is also a note worthy of discussing.

Once again, please don't think I'm saying 4CE will be anything like AVZ, just stating a fact that AVZ's first drill didn't result in any lithium from 0-65.5 meters.
Yeah because of the angle of the drill hole. They started the drill away from the pegamtite and drilled into it. You can see from the diagram. The peg basically outcrops at surface. You don't drill straight down the peg, the aim is to hit perpendicular so that you can determine as best as possible what true width is. If you move the point of entry 30-40m N/NW then the intersection would have happened significantly closer to surface

Expand

True it did start pretty far away from the peg. I know about drilling across and not straight down to work out depth obviously. Anyway looks like nothing of significance, just gotta wait and see what happens with Kitotolo now I suppose.

4CE Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

WC8

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

MIN

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

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 47, 2024

There are more pages in this discussion • 91 more messages in this thread...

First 68 Last

Add 4CE (ASX) to my watchlist