AON 7.69% 1.4¢ apollo minerals limited

Conductor at its best

  1. 862 Posts.
    Hi Guys,

    I thought I would provide a little bit of my input into this company and its share price, I started following this company about a year and a half ago before the HPX joint venture, I was particularly drawn to this stock because it made big bold statements about finding the next Prominent Hill and Carapateena. Another interesting thing for me was the fact that this was at least 5- 7 times bigger in gravity anomaly than the IOCGU deposits listed above. With every exploration junior the risk is very high as the gravity anomaly only provides a visual spectrum of the superficial layers and anything could be hiding underneath the surface, the second thing I found interesting was the copper identified at near surface geochemistry at Bundi and the gold at Mars Aurora both helped strengthen the possibility of a discovery. Now I am not a geologist and guys feel free to have a go criticising me If I am wrong, In copper exploration gravity is used to detect excess mass that may be attributed to a sulphide conductor as per the report from yesterday the conductor is of high conductivity of 2000 siemens and as Apollo have reiterated from the last two reports to the current one they are confident of making a copper discovery at Bundi. Now how well the conductor plays out will be interesting to see remember how Rex minerals made their copper discovery which sent the share price to $2.45.

    Now for the Gold at Mars Aurora, this could be a potential company maker since the gold discovered was near the surface just like Sandfire Resources, hopefully we hit both copper and gold its two of the most valued commodities. Also the dilemma with HPX should be put to rest some investors on this thread claim to be here because of Apollo's association with HPX or what triggered them to invest but I think this company will do just fine without HPX or any other mining giants, remember its them benefiting from us not the other way around. I still have faith in this stock and hopefully the second round of drilling give us some joy. GLTA !
    Last edited by numbersgame: 10/03/15
 
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Mkt cap ! $18.10M
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