New posts

Reply to thread

Message

KWR Horrorscope:

Chart is suggesting a bullish triangular consolidation after a two legged rally. All gap ups remain unthreatened. Triangle will fail if price drops below 0.165 and doesn't spring back. The ordinary gap at 0.145 back in November might then be filled. Not expecting that. There's really nothing wrong yet in the way that the chart is evolving that I can see; it just tries the patience. The quiet drifting periods often turn out to be the opportunity, CNB a case in point recently, but I have enough of a stake now.

The outlook is for aircore drilling on Lake Goongarrie and soon diamond drilling. There might be word from FMR Investments Ltd, the owners of the Greenfields processing plant, as to whether they want to proceed with mining the Menzies Yunndaga jv. That scenario is getting rather stale though, FMR Ltd seem to be behaving the way the Chinese tend to after they form a non binding agreement.

The big one for stimulating the share price will be the Lake Goongarrie maiden Diamond Drill campaign starting some time this month. But who knows how long before lab assays? Maybe something visual but that's not explicitly expected - these diamond drills will be the very first ever to explore geological structures of the bedrock below the salt lake.

Less anticipated is the extensional aircore campaign which has already commenced.

Quote Feb 1:

"... the planned initial 3,000m diamond core drilling program is
scheduled to commence in February 2022, with a new customised drill rig
already onsite. This will be a critical programme in delineating the primary
mineralised controls within Sir Laurence so we will be in a position to
potentially define economic gold resources in the future”

Held
Hold

Daily
[ATTACH=full]137115[/ATTACH]

Monthly
[ATTACH]137116[/ATTACH]

<blockquote data-quote="finicky" data-source="post: 1159673" data-attributes="member: 2104">KWR Horrorscope:Chart is suggesting a bullish triangular consolidation after a two legged rally. All gap ups remain unthreatened. Triangle will fail if price drops below 0.165 and doesn&#039;t spring back. The ordinary gap at 0.145 back in November might then be filled. Not expecting that. There&#039;s really nothing wrong yet in the way that the chart is evolving that I can see; it just tries the patience. The quiet drifting periods often turn out to be the opportunity, CNB a case in point recently, but I have enough of a stake now.The outlook is for aircore drilling on Lake Goongarrie and soon diamond drilling. There might be word from FMR Investments Ltd, the owners of the Greenfields processing plant, as to whether they want to proceed with mining the Menzies Yunndaga jv. That scenario is getting rather stale though, FMR Ltd seem to be behaving the way the Chinese tend to after they form a non binding agreement.The big one for stimulating the share price will be the Lake Goongarrie maiden Diamond Drill campaign starting some time this month. But who knows how long before lab assays? Maybe something visual but that&#039;s not explicitly expected - these diamond drills will be the very first ever to explore geological structures of the bedrock below the salt lake.Less anticipated is the extensional aircore campaign which has already commenced.Quote Feb 1:&quot;... the planned initial 3,000m diamond core drilling program is scheduled to commence in February 2022, with a new customised drill rigalready onsite. This will be a critical programme in delineating the primary mineralised controls within Sir Laurence so we will be in a position to potentially define economic gold resources in the future”HeldHoldDaily[ATTACH=full]137115[/ATTACH]Monthly[ATTACH]137116[/ATTACH]</blockquote>

[QUOTE="finicky, post: 1159673, member: 2104"] KWR Horrorscope: Chart is suggesting a bullish triangular consolidation after a two legged rally. All gap ups remain unthreatened. Triangle will fail if price drops below 0.165 and doesn't spring back. The ordinary gap at 0.145 back in November might then be filled. Not expecting that. There's really nothing wrong yet in the way that the chart is evolving that I can see; it just tries the patience. The quiet drifting periods often turn out to be the opportunity, CNB a case in point recently, but I have enough of a stake now. The outlook is for aircore drilling on Lake Goongarrie and soon diamond drilling. There might be word from FMR Investments Ltd, the owners of the Greenfields processing plant, as to whether they want to proceed with mining the Menzies Yunndaga jv. That scenario is getting rather stale though, FMR Ltd seem to be behaving the way the Chinese tend to after they form a non binding agreement. The big one for stimulating the share price will be the Lake Goongarrie [B]maiden Diamond Drill campaign[/B] starting some time this month. But who knows how long before lab assays? Maybe something visual but that's not explicitly expected - these diamond drills will be the very first ever to explore geological structures of the bedrock below the salt lake. Less anticipated is the extensional [B]aircore campaign[/B] which [B]has already commenced[/B]. Quote Feb 1: "... the planned initial 3,000m [B]diamond core drilling[/B] program is scheduled [B]to commence in February[/B] 2022, with a new customised drill rig already onsite. This will be a critical programme in delineating the primary mineralised controls within Sir Laurence so we will be in a position to potentially define economic gold resources in the future” Held Hold Daily [ATTACH type="full"]137115[/ATTACH] Monthly [ATTACH]137116[/ATTACH] [/QUOTE]

Verification