RE:RE:LOW volume!I really do not know but it is strange to have such low volume of trade when company has following results
Some selected summarized results include:
Teledyne Cobalt Property
- TE1705 returned 2.32% cobalt over 4.0 metres, including 21.9% cobalt over 0.36 metres.
- TE1704 returned 1.82% cobalt over 6.0 metres, including 5.06% cobalt over 1.75 metres and
18.70% cobalt over 0.15 metres.
Teledyne Cobalt Property
- GB1715 returned 0.17% cobalt, 19.9 ppm silver, and 0.90% copper over 20.20 metres, including 8.42 % cobalt, 136 ppm silver over 0.30 metres.
- GB1710 returned 0.55% cobalt over 5.00 metres.
- GB1707 that returned 1.11% cobalt, 16.6 ppm silver over 2.00 metres, including 7.64% cobalt and 9.1 ppm silver over 0.26 metres
- GB1706 that returned 4.45% cobalt and 34.2 ppm silver over 0.30 metres
The reported intervals represent core lengths, and not true widths.
The company is currently well funded, and Mr. Fernback foresees that with the positive results from the its recent cobalt exploration program, the company will look to raise some additional funds to continue its drilling into 2018 and 2019.