GREY:ADEXF - Post by User
Comment by
HVAN1on Dec 03, 2012 1:11pm
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Post# 20676041
Discoveries Move Stock Prices
Discoveries Move Stock Prices There are multiple zones at Kami. There's overburden in some places, and in others the deposit is at the surface or 5 to 10 meters deep, as the drilling data indicates. Good searching, though.
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On AXI's Tuktu 2 DSO results: real discoveries move stock prices, even in a bearish market. If AXI had drilled one hole of near-surface DSO mineralization, let's say 60% FE from 10 meters to 100 meters, the stock price would have jumped to 20 cents. That would be a remarkable discovery of DSO.
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Since AXI found DSO 90 to 140 meters deep in the exploration holes the stock price remains at 13 cents. They haven't really drilled a good DSO reality. That's reality.