Maverick @AsxMaverick7
Small Cap ASX Trader. Mining & FA Preference. Joined September 2016-
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$PMT $PMET Nice tonnage/grade but looks like terrible strip-ratio due to the steeply dipping pegmatites and higher grades deep in pit. No wonder they refused to show cross-sections😉 @TRAVmoneyofmine @ChuckChunder007
Unpopular opinion: $VSR holders likely to a get a big shock when assays from 1st drill programme are released. Be very surprised if there are any >1% Li2O hits. A UV light $15 from Amazon will tell you if RC chips are choc full of Spod. Hope I'm wrong for holders sake.
The ignorance of the Aussie retail punter never ceases to amaze...the HIGHEST xrf reading over 400m was 0.23% Cu and 0.056% Ni! $DUN
The ignorance of the Aussie retail punter never ceases to amaze...the HIGHEST xrf reading over 400m was 0.23% Cu and 0.056% Ni! $DUN https://t.co/AoYf4BkDjk
$MHK promising greenfield discovery but title quite misleading, not yet a "massive" discovery, should be "Massive Nickel Sulphides Discovered" 2m of massive and semi-massive nickel sulphide mineralisation in 1 hole, no sulphides in other 2.
$OKR Directors Special = hole drilled sub-parallel to the interpreted strike. Note OSSRC05/6 drilled across all other holes. Always necessary to read the JORC "Orientation" criteria: "likely to introduce a sampling bias" "Intercepts may be significantly exaggerated"
$STM If this is the best mineralised core (from the 2nd hole), the copper grades are looking quite poor based on visuals of the chalcopyrite. No mention of bornite either which would hope to see in a high-grade porphry.
$GBR Need to be careful with these results. Only 1 of the 6 holes hit ore grade using a 20 gram x metre cutoff. Drilled close to prior high grade holes. Bonanza grades may be due to supergene enrichment as mentioned below (usually not indicative of project as a whole).
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Westferry Investment .. @GroupWestferry
2K Followers 202 Following The Group operates a single investment strategy for wholesale investors with a bias toward small and micro-cap companies.While #IR1 $IR1 continues to highlight the results from closely spaced drilling of the Longview pegmatite within its narrow claim, punters are left to work out the location of the many holes that didn't hit much lithium
At least they put the BOCO on one of the sections….😛 Pretty loose announcement though. Updip of a known zone of mineralisation, it’s almost like $SHN @SunshineGold20 knew it was there. @Geologo_Trader and I just had a chat about this the other day, I swear.
$LLI still doesn't release a plan showing where its highlighted spodumene hits are located. Holes 5 and 6 are on the same coordinates and holes 4 & 11 were drilled ~30-50m either side. No wonder there was no map
@STEADYEDDIEBITE @AsxMaverick7 Markets rarely wrong about commodity explorers. If the price isn't reacting to something you think is good. It's probably because you are wrong
@VukasinPekovic @TRAVmoneyofmine @JDmoneyofmine @mattymikals @moneyofminepod @eadatt This thing doesn’t stop till 50 cents. Proper fair value of $200m including the last cash balance for $CHN After all, at a proper cut off grade, if you can call 1% NiFuckinEq proper, it’s only 21mt at 1.5% NiFuckinEq. At least the economics might stack up down there though. 🤪
@dogstockcentral So you thinking digging a small pit in the middle of an island is the same thing as a giant 4km long pit in the middle of a lake, hmm not sure what mental gymnastics you had to do to get there, but ok if you think that's even remotely close to the same thing your beyond logic.
@longhorncapital the sixth one is "its deep as hell" but it was too deep to fit on the page unfortunately
$DLI punters bail out to repurchase mum's house
$DLI pretty unprofessional using this in a corporate presentation. Sell signal if ever I saw
Solid thread on $pmt $pmet Never worked in a pit that with serious flood events. But have worked in plenty mining through water table, benches submersed form rain events & dynamic water in drill holes/dig faces. Makes mining operations more difficult. Few points below:
1/5 To clarify, $PMT $PMET strip ratio of 6 is similar to $LTR so when looked at on this basis alone isn't bad. However, the block model (which largely determines the s/r) looks less than ideal for 2 reasons: a) Steeply dipping pegmatites b) Higher grades deeper in the pit
Dewatering takes time Drill holes are less competent Explosives are more expensive Blasting is slower Quality of benches decline Increased haul road maintenance Mining sequencing is more difficult Risk of Equipment ruin
@AsxMaverick7 Indeed it's quite bizarre that guys like the dope I was replying too, cannot acknowledge digging a gigantic open pit, in the middle of a very big very deep lake surrounded by 1000's of other lakes is a very real flood risk.
@yuanyicaonimei shallowest in the graphic was 6m it goes 25m+, that's not shallow, it's actually decently deep for a lake, flooding is a thing it's an annual spring event, if you think flooding is a not a thing you are delusional.
@AsxMaverick7 @TRAVmoneyofmine Looks like a very expensive option on lithium a decade or so down the track
@TRAVmoneyofmine @bowden29luke @ChuckChunder007 Always in, I’ll run you through the dark and nasty of the shitco miners and hopefully end with a pearler of a project. They’re out there, but most are just useless oysters. Still gotta crack em open to find out!
@jamesbulltard7 have you been here before or do you just watch Fox news?
$CNB runs out of superlatives (and money) for its stunning and phenomenal copper discoveries and elects to raise capital before announcing a maiden resource.
One year one from the share sale by $CNB directors following the now vanished "Major Copper Discovery" at Nil Desperandum, $CNB directors sell more shares following the Mount Hope Central discovery
@SwingTradeAsx It’s plain to see $AAJ is getting manipulated. Anyone reading the comments of those two snake oil salesmen (silent-bubbles/surat) over yonder should tread carefully with taking on board anything they have to say! In fact, @asicmedia shouldn’t be waiting around on this one…
The ignorance of the Aussie retail punter never ceases to amaze...the HIGHEST xrf reading over 400m was 0.23% Cu and 0.056% Ni! $DUN
$DUN discovers massive sulphides, semi-massive sulphides and disseminated sulphides without much nickel and the market goes nuts!
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