charioteer
21 Nov 2014
Good News I don't get it, the latest RNS looked great to me, so I bought some more, happily reducing my average cost, then with only one way it can go is up, methinks, it go's down. Would someone explain to me what was so negative in the RNS, they need no funding, they keep increasing asset value, easy to get at, mining friendly area, etc. it's still a longer term play maybe, but surely there are not so many companies offering so much for so little.
vekta
21 Nov 2014
Re: No Nickel? Damn it - was old news! Good that you queried it AF.I picked it up on the Hargreaves Landsdown site. It came up under share news for LND titled SThree Asian Pasific Director Sells, this was right at the top of the news listing, but taking a second look I see it was October 2013 news - Doh!Apologies - really sorry about that!Vekta
aluminuim fish
20 Nov 2014
Re: No Nickel? when did BH buy those shares ?
vekta
20 Nov 2014
Re: No Nickel? It's the high grade Platinum & Palladium they've found which has excited them (I reckon that's why Bill Humphries bought £85k worth of shares recently!) [link]
JohnSalvage
20 Nov 2014
More NEWS imo Just my take on the RNS - Judging from the selling, very few appear to understand.RNS States -"Recent drilling and a review of existing data have established that the Alpha zone is far more significant than previously determined. Drilling on line 00 intersected significant Alpha zone mineralisation with drill-hole 0414-503 reporting 20.15 metres at 0.11% Ni, 1.54g/t Pd, and 0.64g/t Pt including 0.56 metres at 10.90g/t Pd and 11.50g/t Pt, and also including 0.72 metres at 12.85g/t Pd and 2.50g/t Pt. These platinum results are the highest reported on the Junior Lake property to-date, and the palladium results are among the highest, all of which are located within the B4-7 deposit. Infill drilling on line 275E further established the continuity of near-surface Alpha zone polymetallic mineralisation with drill-hole 0414-504 returning 2.9 metres at 0.78% Ni, 0.14% Cu, 0.04% Co, 1.54g/t Pd, and 0.06g/t Pt including 0.58 metres at 1.77% Ni, 0.20% Cu, 0.08% Co, 3.27g/t Pd, and 0.09g/t Pt. Landore has initiated an in-house review of existing drilling on the B4-7 deposit to identify potential Alpha zone mineralisation previously not sampled due to low sulphide content. PGE mineralisation is not necessarily tethered to sulphide content, as is the case with the recent high-grade PGEs intersected in drill-hole 0414-503." Again IMO - We are sending all the old cores drilled on the B47 with low sulphide content away to be tested for palladium and platinum ( a large very cheap drilling program ) which will probably cost around £25k Usual time scales IMO - 3 weeks after sending, results will be published.So news close to Xmas.
aluminuim fish
19 Nov 2014
Re: The trouble is least there will be j
Hunterguitar
19 Nov 2014
The trouble is that 'highly promising' sounds like AIM speak for 'jam tomorrow' perhaps.Combined with the 'sell on news' brigade we end up with a disappointing day.Looks like a wait until March 2015 for more news now. Oh well ! Hope I am wrong.HG
