Consolidation split MPJ Details, page-47

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mouse

7,737 Posts.

154

20/04/16

22:14

Post #: 17560819
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Originally posted by bruham ↑

Twenty years of trading, CFD's, the markets, options, warrants and forex.

In trading it's all about reading charts.
Then acting on what you see.

As you should know, going by your "trade easy" tag.

There is a poster who posts on DKO and CXO, and some others.
His tag name is John435.
His Pilgangoora tenement charts are very good. I use one on one of my screens.
Chase the charts up yourself, or give me your email address and i will send it to you.

If you are interested, you can read his chart.
Now for the chart and the reading.
I am looking at it now.

There are ONLY TWO spodumene sites on the entire chart.
Out of hundreds of tenements.
These are PLS and AJM.

I also have a photo of some rock chip samples showing spodumene
taken from the DKO central Lynnas tenements.
Another chart, showing all the pegmatites of Li20.
3.0 to 5.0
1.5 to 3.0
1.5 to 3.0
So it looks like there will be three spodumene sites.

Back to MPJ.
Two tenements butt up to PLS.
One of these cuts into the middle of a PLS tenement.
Like a finger examination!!!!!!
The third tenement is miles from the action.

I only read charts.

As for my opinion, yes you are right. It's only that, an opinion.
Just as all the posters on Hot Copper.
Without opinions, no Hot Copper.

Expand

If you had seen the line wipes at 004 - 006 it screamed we are on to something... Some of the board on MPJ are on DKO as well, i don't think they all would waist there time and money on consolidation and possible drilling campaign for nothing... And FYI MPJ's land sits on both side of PLS's 52.2mt @ 1.28% Li20 which is also the widest part

Last edited by mouse: 20/04/16

MPJ Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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Consolidation split MPJ Details, page-47

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