If it averages 7m deep that's a billion OZ.
If it goes 14g/t avg over 1m depth it's a billion Troy OZ.
'Matich was running this so aggressively it gets me excited'
'it will get really exciting!'
|'samples were too high.'|
'2g/t over 1000sqkm, 1 metre deep = 141m ounces of gold.'
'talk about $3 price target'
'Billion ounce AU resource potential.'
'hottest speculative stocks right now.'
'keep market excited'
MXR chart by TradingView
The 'life cycle' is 1) Accumulation (Base), 2) Run-up (Growth), 3) Distribution (Top), and Run-down (Decline).
The almost daily spewing on declining volume is indicative of 'Run-up.' Mr. Brett Matich promised assays almost 2 weeks ago. They haven't appeared. Instead it has been one 'fluff' NR after another. Today we have yet another meaningless 'fluff' NR accompanied by a massive surge in highly improbable 'buying'. This is indicative of distribution. Those buying into the hype now are giving their money away to those unloading cheap (and worthless) paper.