Some rather nice buying to end the week - clearly some folks have done their due diligence.
Time: 04:10 PM price: 1.180 value: $80,789
Time: 03:42 PM price: 1.150 value: $58,632
Time: 11:51 AM price: 1.080 value: $180,362
Time: 11:21 AM price: 1.075 value: $29,004
Time: 10:14 AM price: 1.054 value: $60,903
Looking forward to the assay results at Nanadie - particularly around the high grade zone of hole NANRC004. re-reading the last few announcement it's great to see how the company just got with it by extending the drill program. Good team and management here.
if you look at the recent drill spacing (40m) and include the adjacent old drill hole by Cyprium - does the high grade area look contiguous? / probably better than a couple of holes. You'd think it would add some significant copper and gold numbers to the resource.
So that's all jolly good news. Then we have some bonus irons in the fire:
> Any additional high grade extensions from the current drill program awaiting assays (I'll take any of: holes 6, 25 - which was put in to follow 6, 9 and 27).
> The 'wildcat' hole under the very-high silver grade part of Nanadie.
> An option for future deep holes/ diamond under current exploration.
> The likelihood of incredibly improved project economics - high-grade resource under a lower grade pit, or a bigger pit.
> All the Yarri gold exploration (which was valued north of 40m prior to the copper story), one of which was firming up nicely - possibly for another sale.
> The new gold tenements, which had some juicy old results.
> & cash on hand getting a boost - from all the in-the-money-options.
Good luck to holders.
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Ann: Outstanding High-Grade Cu-Au Intercepts at Nanadie, page-138
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