PRE 0.00% 6.0¢ pacrim energy limited

strength to come

  1. 3,802 Posts.
    Some more weak hands gifting strong hands again today.

    I'm expecting some nice results from Kelly North and possibly some link up results just south of Kelly North. Also a variety of results/info from 727 in preparation for the planned mining.

    We should see results in 2-3wks. They will definately be revealed during March. Manus results should be a matter of weeks after with a bit of luck.

    These next Kelly results should be enough for our initial JORC which I expect to be released around the end of financial year.

    Depending on BMGS's workload, a JORC in may could be possible. With the very shallow mineralization and continuation of KN, the resource will be upgraded several times I believe. The initial resource no matter what the size should please most.

    Don't forget it will be for approx 3 tenths of the length of the 1km Kelly area for starters. Seeing that BMGS did the estimate for 1km and KN is considerably higher in grade, 30% of the estimated resource should be our base for initial JORC. I dont like guessing as most the time we are all wrong but i expect it to be a bit over 30%. On what grade cut off i'm not sure yet.Likely to be .5g/t. Might be clearer in a few weeks time.

    This is a strong spec buy IMHO only.

    Congratulations to those who have snapped some up at .4

    Scorp
 
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