GREY:SFMCF - Post by User
Comment by
HeyIrishon May 07, 2014 2:54pm
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Post# 22534899
RE:I usually sell if a target is missed but this is different
RE:I usually sell if a target is missed but this is differentI think it's because of the type of deposit, the comments about the trace elements and the host rock.These Sedex deposits are rare but very very profitable. It just seems that this is more and more probable with each comment made by management. For this to fail it would have to be a barren massive sulphide body containing only pyrite or pyrrhotite, and this just doesn't seem to be the case. We drilled 1.2 kilometers this time and my guess is we missed the main target. I sense that they are on to it now.
4th time a charm?