I'm quietly confident -Carlow's Aueq will become an awe-inspiring project over the next 12-24m period ...
As we know, ARV has left a trail of thousands of disgruntled S/Hs with 88mill in losses to date from exploration and plant upgrades .. so bitterness towards ARV upside runs high..
Why we see an EV- $14mill..very little belief here while AUD GOLD COPPER breaking record highs ...
ARV flatlining to last raise price .7c where ARV had no issues securing $4mill in capital
so sophs/insto see some upside
now, will the upcoming results from the first drilling back into Carlow for some time reignite market interest?? I'm holding and will buy much more if the results are stellar ...
The potential is there...is where many 10x Baggers come from hated by the market and many S/Hs old and present..seen it at LRS that was going nowhere till they hit the high-grade lithium intercept during the Lithium bull market...then I watched as my shares went from a fraction of 1c to 40c+
where are we in the Gold/Cu market ???
AUD Copper = $17,900t - (Carlow 68,000t)
what do we know to date from exploration 700koz Aueq ...who doesn't think Marillion won't be yet another repeat of the Carlow Au/Cu/Co discovery? how much more on-trend will the ongoing drilling show the potential of doubling the resource base?
Then, also in the permit, you have the exciting "Titian" prospect>>>> where 300kg quartz vein releases 10.4oz GOLD!!! at surface .. We of course within next couple weeks should get assay results from the three drill results just large will the intercepts be ?? will this be the catalyst? for market wake up call ?
This is what gets me excited is the whole picture ..just how much Au/Cu/Ag/Co resources are held in this permit ... when you can drill down beside Thorpe at Chapman prospect where a Wildcat hole hit 10m @ 3.4% Cu, 1.75 g/t Au & 24.65 g/t Ag, from 116m, incl 5m @ 6.23% Cu, 3.01 g/t Au, 45.32 g/t Ag from 117m !!!!
(20min delay)