...there are other similar stories in Africa. Look at Katanga Minining. High was around Can$ 26....low last week 26 cents !!! But you could turn it also the other way round. A few years ago Katanga was more or less worthless und the price went to 26 Can$. But let's talk about Blackthorn: Commodities will not recover significantly during the next 2-3 years. For Blackthorn it is important to survive this period. That's all. If they survive there is a little (very little) chance to get back out money. Nevertheless it will last at least 5 years to see something growing again in this story. At least we can hope that something extraordinary will happen in the next 1-2 years and we may see some recover of the share price. At least I like this part of the announcement released today. At least it leaves some room for dreaming. “Further exploration stands a very good chance of greatly expanding or extending this discovery as the mineralized zone as currently known appears to parallel a strong district-sized geophysical anomaly comparable in strength to, but much larger than, the geophysical anomaly found over the super-giant Olympic Dam IOCG deposit in Australia.
Merry Christmas and a (hopefully) happy new year.
AIM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
