TSXV:AMR.H - Post by User
Comment by
michael211on Oct 03, 2011 12:28pm
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Post# 19111879
RE: RE: The character of bottom
RE: RE: The character of bottomDo not fall in love with the stock you bought, when you hold zero shares you can think about the stock more reality. Actually the drilling result is not so "good" if comparing with other company with really good result. A good result must has these characters:
1. Resouce is at relative shallow layer ( less than 100m )
2. The length of drilling core should be above 20m
3. The property area should be large, over 10000 hect is called large, nqe's is only 3500 hects.
The company most news release always mentioned "open pit potential" but most of the results indicated the silver existing in the layer under 400m, how do they open pit ?
Then the drilling result is only called "so so", not "good".
Finally, as somebody always says : do you own dd.