Great post Wack , as too I'll be in the entitlements offer as I...

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Beauman1

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02/06/17

09:34

Post #: 25056588
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Originally posted by Wack ↑

Irvine has a very similar footprint as Stawell as we already know.
So far the geochem and geophysics indicate that a lot more is there for discovery.
Hospital Hill at this stage is probably the more exiting target for this reason and John bull because of it's length. Don't forget about Cullen, Dutton and Nepoleon in particular because it is still open and could prove to be longer than JB.
AC Drilling is currently underway at HH and we may get some results if weather permits.
June ( right now) is usually when the weather effects exploration and inevitably causes withdrawal until later in the year. Turnaround for labs is currently 3-4 weeks so if anything is found at HH before shutdown it will still be a month away min.
There could be 500,000 oz in each of these targets, as they are modeled on the same geology as Stawell, hence they show great potential.
The Resolution Load Being 30M wide and 800M long could easily represent an economic Open Pit but we could also find a few more of these and certainly larger.
We are now coming into a slow down for results but exiting results could be closer than one thinks.
I will be participating in the entitlements offer but may choose to buy on market if the sp drops below the offer price ( da ) which is a strong possibility if news slows down.
Stawell mine is a 3 klm strike, this is a 15klm and suggests continuity.
Happy holding to those that are happy about it, I am one of them.
W

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Great post Wack , as too I'll be in the entitlements offer as I am a big believer in this company and not afraid to put my money where my mouth is

NML Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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Great post Wack , as too I'll be in the entitlements offer as I...

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

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

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