Another 21.35m of massive sulphides from the 3rd diamond drill hole today, assays awaited , gee from .10 to $2.00 in 3 months WOOOOOOW!!!
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Another 21.35m of massive sulphides from the 3rd diamond drill hole today, assays awaited , gee from .10 to $2.00 in 3 months WOOOOOOW!!!
It was pointed out to me today that Fox Resources had a similarly rich find a while ago. This evening, I've worked out that they must have been referring to Fox's West Whundo find in 2004. Reading a few of the announcements since seems to be indicating that in parts, it was massively rich, but not overly large. They don't even seem to mention it any more in their quarterlies, but I haven't found anything yet to suggest it has been tapped out - still looking.
Anyhow, each deposit is different I guess, but an interesting exercise all the same.
Keep up the good work H C re Fox West we await your further info.
Maybe you should have a look as well Whatsup.....I'm just a curious bystander.
SFR trading ex-entitlement and gone up today. It was a touch and go to buy some SFR on Fri but it has run too hard and you never know what the US market would do so I chose not to.
The entitlement (a 1 for 10) is priced at $1.20.
Anyone still following SFR, read the latest assay ann ,huge just huge!!
More great drill results 200 east of main exploration
I see GSJBW have a $4.50 target for SFR on the expectation that it will release a JORC of 11mt @ 4% - 5% Cu early next year.
If it reaches $4.50 early next year, that will be just about a 100 bagger in a year from when it traded at 5c back in March.
$400m market cap and probably at least 3 years + from production.
Its an amazing story and is the stuff junior explorers just dream of happening to them.
Although, unfortunately you don't discover a new VMS province very often.
More good drill results out today, I hope that everyone is onboard now!
Wow...check out these drilling results...never seen anything like it.
http://www.sandfire.com.au/download....673152BB88C2A2
Courtesy of Mr Rudd, everyone seems to have shunned resource stocks, for the moment at least. Sandfire finished up a very modest 10c....two weeks ago and I reckon it would have put on a dollar.
Bought some....couldn't resist!