Drill Deeper at Barbara, and the mineralisation we all hope as shareholders should get richer in grades as they chase these " ore body shoots" down plunge.
If SMD next week hits more than 20-50 metres of High Grade Copper >2% next week. It will be "Game On". Could this be a big Trading Halt? The SP could quickly possibly fly and go North of 10c-20c for further future upgrades. Further metallurgical grades will also be positive for the SP, like Rox Resources results recently.
There is always a element of risk, but I get a good humble feeling with this project overall. Very few junior Copper explorers are heading into any kind of Production at the moment, and bringing cash flow into the company in this ASX market is extremely important, especially if you have a good JV partner.
The strong exploration results they are consistently bringing to market is highly encouraging and we look further ahead to more positive announcements.
"Win or Lose" Let the Diamond Drill do the talking.
GLTA
SMD Price at posting:
4.0¢ Sentiment: LT Buy Disclosure: Held
