RE:Resultshello Atp300, well i for one sure never thought those results were all that terrible .. not really considering the cu, co and other pgm credits...
But i think the Peter is trying too hard to put a positive spin on less than stellar drill results..
ie: there were only 2 narrow sections of 2 seperate drill holes that had above 2% ni and yet the nr is written as though all holes were in this range which obviously is not true... i would say the true average is more like 0.5 or 0.6% ni so that is nothing too spectacular,but at the same time there is obviously some value to the deposit and maybe more than anything the results can point them to where they need to go to find more consistant high grade drill results.
Anyways.. the drop to 0.20 on wednesday i thought was as hard as it was going to get hit but to see the sp get hammered all the way down to 0.15 today i did not expect.
Obviously these past 2 days have been tough on the markets across the board so some of the price drop is related to that and maybe not solely the drill results..
all jmo! gs2