SS1 - Sun Silver

[qldfrog]

In non alphabetical order , in the last 7 days manuka resources, strike energy and st george

My entries are usually based on SP increase trends, no need to be Einstein to understand these fake trends are price manipulation before placements

 

[Sean K]

I'm not sure why SS1 are trying to ramp these antimony re-assays.

Asking Dr Google what good Sb grades are and I find this:

Not all Antimony is equal: Understanding grades, specifications, and market trends - Core Group

Introduction Not long ago, antimony was a niche metal known only to geologists, metallurgists, and a handful of traders. At the beginning of 2019, it still traded at a modest $5,500 per metric tonne, with zero excitement in the market. Investors showed little interest, and new projects struggled...

www.coreconsultantsgroup.com

 

[Sean K]

Why aren't these areshats drilling holes instead of chipping rocks?

 

[mullokintyre]

Why aren't these areshats drilling holes instead of chipping rocks?


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Because the great unwashed will look at the headline and decide to buy in.
Sucker stuff.
Not buying still.
Mick

 

[Sean K]

Another trace antimony announcement. Who cares?

There's supposed to be higher grade silver building to the NW of the current deposit. Hop to it and put some drill holes into it.

 

[mullokintyre]

Another trace antimony announcement. Who cares?

There's supposed to be higher grade silver building to the NW of the current deposit. Hop to it and put some drill holes into it.

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I'm telling you @Sean K , its a dud.
A conspiracy to convince the punters to part with their cash.
Mick

 

[Sean K]

I'm telling you @Sean K , its a dud.

Starting to think that. Just expecting it to follow silver once it goes to the moon.

 

[Sean K]

About time they released a drill hole. BUT, one single bloody hole! What the hell are they doing up there?

This hole is good though, and confirms the deposit may go further to the north or NW.

However, what are they doing saying this extends the mineralisation? Their cartoons quite clearly show that this hole is within the current resource zone?? They'd be better off showing a trace of the hole to show it's collar and angle and EOH with bars indicating grades on the way down - how most competent resource companies do. The blue diamond on this picture is clearly within the current resource.

One thing that's not great about this deposit and has been mentioned before is where the bulk of the higher grade mineralisation starts. It's from about 200m depth so there's a lot of crap (red box) to clear before they're mining the good stuff. Not sure if the dirt around 15g/t closer to surface is worth processing. Maybe it gets stockpiled and blended for later.

Luckily silver is going nuts so the punters might put a few bucks on this today.

 

[mullokintyre]

About time they released a drill hole. BUT, one single bloody hole! What the hell are they doing up there?

This hole is good though, and confirms the deposit may go further to the north or NW.

However, what are they doing saying this extends the mineralisation? Their cartoons quite clearly show that this hole is within the current resource zone?? They'd be better off showing a trace of the hole to show it's collar and angle and EOH with bars indicating grades on the way down - how most competent resource companies do. The blue diamond on this picture is clearly within the current resource.

One thing that's not great about this deposit and has been mentioned before is where the bulk of the higher grade mineralisation starts. It's from about 200m depth so there's a lot of crap (red box) to clear before they're mining the good stuff. Not sure if the dirt around 15g/t closer to surface is worth processing. Maybe it gets stockpiled and blended for later.

Luckily silver is going nuts so the punters might put a few bucks on this today.

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View attachment 207544

Just part of a plan to suck the money out of the punters.
Mick

 

[Sean K]

$4.61 in 12 months? LOL. Obviously must have been commissioned by the company. Is it even worth paying someone to do this?

 

[frugal.rock]

Bit if a gap to fill there too!
Looking like it wants to fill it also.

 

[mullokintyre]

$4.61 in 12 months? LOL. Obviously must have been commissioned by the company. Is it even worth paying someone to do this?

View attachment 207721

Not a lot to support the valuation.
Those drill holes show no indication of how deep the deposit is, and the Ag/eq is always suspicious.
Would prefer to see a breakdown of elements by percentage, and what prices they use for calculating the equivalents.
Whole this is sus.
Mick