BOA 9.09% 2.4¢ boadicea resources limited

Fib, while there may have been no finds on other fault lines...

  1. 914 Posts.
    Fib, while there may have been no finds on other fault lines where a conductor has been detected, it doesn't mean there aren't more deposits along the fault line of which Nova/Bollinger were discovered. Sure maybe the the deposits stopped just before BOA's block or maybe it is a one off hit, but it's entirely possible that there are other deposits on the fault line. If BOA did happen to hit Ni/Cu on their first hole, it would also bode well for SIR's other conductors between Red Cap and Nova/Bollinger.

    I took a position only very recently, but have been watching since IPO and decided I'd make an entry closer to drilling... Well here we are almost 3 years later and I can, along with the rest of you, finally find out what's down there! I've loved how tight they are on cash which has me thinking if this is a failed first hole, at least they'll not be irresponsible with cash and start throwing down holes left right and centre to try prop up the SP with illusions of the next Nova. If it's a failure I'm confident they'll be careful to only drill the next best target, even if it takes them 6 months to work out which one that is.

    Good luck everyone and here's to hoping the first hole is all they need to make us grin for the next month
 
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