Post by
CaptainM on Dec 27, 2023 1:28am
Assays
Since hole 8 very likely also has the supergene zone, which I have inferred to be the case from the Oct 10 NR that stated 4 holes exhibited supergene (NR doesn't say which 4, but by looking at the depth of holes and sulfide mineralization should be 5, 8, 11, 21), the top supergene should assay well, but hard to predict how the rest of the hole did?
As a result, Chris Paul (CEO of BIG) should wait with the IP (assuming it is good) until hole 8 assays are received. If the hole 8 assays are mediocre, he can combine that with the IP, which may provide context.
This approach may help with any volatility in the stock price also.