Post by
GoldCasino on Feb 23, 2021 1:33pm
IGNORE THE HIGH CORE 1.2m 223.63 g/t Au
Yes, these often tempting drill results mean little. The drill is only 50m. The one hopeful sign here is that this result was found at the very end of the core. They better plug a deeper hole here in the near future.
Comment by
BlueChipper2020 on Feb 23, 2021 3:20pm
Goldcasino I don't think most of us are going bananas over today's PR. It is a small piece of the overall puzzle. However, at the same time I do not think 'ignoring the high core" is a fair comment either, since Tim and management may know more (likely) about its significance in the grand scheme of things. I'll take it. GLTA
Comment by
Yucatanman on Feb 23, 2021 4:43pm
Man, those are impressive assays! I am somewhat surprised that this is at .24. happy to have bought today!
Comment by
winr88 on Feb 23, 2021 5:37pm
Good to see you here 99942Apophis Being veterans of exploration investment I think we learned not to have high expectations of companies who MIGHT hit it big versus companies poised to turn a discovery into a deposit. I am In 3 such companies. I never expect to win the lottery. I’m looking for a company with a reasonable return.
Comment by
guy491 on Feb 23, 2021 5:54pm
GLM announce today a gr/meters of 224.79 and moved up 267% SIC announce 268.8 gr/meters and moved up 04.3 %......find the error !
Comment by
Yucatanman on Feb 23, 2021 6:01pm
Yup I find that puzzling, especially since its not SIC's first time!
Comment by
Yucatanman on Feb 23, 2021 6:05pm
Seems to me that Sic has put out lots of excellent assays, yet the market ignores it. I remember buying this once before when they hit the first time, .115 and went to .52.
Comment by
BlueChipper2020 on Feb 23, 2021 6:16pm
GLM has a small float and was driven up on a first hit on speculation. It will 100% come back down. It has a market cap of just 15M or so now with run up. SIC in 2018 on the first hole went to over .50 cents. It was way to early on speculation and momentum trading. You cannot compare one junior with another since there are so many variables. If you like the story here then you invest. GLTA
Comment by
Yucatanman on Feb 23, 2021 6:20pm
100% correct and what I like is if I go away from the market for a couple days, I know that I won't be getting a 50% haircut! Unlike others.