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4.0¢ marmota limited

I think they can get the surface first and diamond drill inside...

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2008wack

502 Posts.

17

01/11/17

15:34

Post #: 28402386
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Originally posted by gary123 ↑

I just want them to drill deeper. It seems a bit of a wast diamond drilling so close to surface when you can use reverse circulation drills to do that job much cheaper and quicker, i doubt if the diamond drill will even be able to drill successfully into such loose surface ground. Diamond drilling is normally used once you get deeper into bedrock. If they want to drill to just infill drill for jorc purposes it makes no sense in diamond drilling. This drilling (200 meters - ie 5 x 40 metre holes) is only going to show that we have good grade near surface, we already know that, we need to know the grade, if there is any, deeper down, that is where the diamond drilling should be used. I would have thought they should be continuing the diamond drilling from bottom of selected holes already drilled. This campaign will soak up more cash and prove nothing and we will now have to wait for another CR (more dilution) to do some real drilling deeper later on. Love the company and achievements so far but disappointed in this development.
Cheers.

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I think they can get the surface first and diamond drill inside the Pit later;as an alternative, maybe?If the surface deposits JORC looks valuable that covers the next set of drilling and save money!

Cheers,

Wack

MEU Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $39.11M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.9¢	$11.68K	297.6K

Buyers (Bids)

No.	Vol.	Price($)
1	16205	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	180921	1

View Market Depth

No.	Vol.	Price($)
1	110000	0.016
5	2915670	0.015
5	2708824	0.014
3	1650000	0.013
1	100000	0.012

Price($)	Vol.	No.
0.017	1088249	2
0.018	3415762	1
0.020	431457	3
0.021	1000000	2
0.022	238414	1

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