This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

AXE - Archer Materials

Jump to new
mr. jeff said:
Just to clarify - AXE at end of quarter had $12.7M cash and currently a MC of $14.4M. Sounds wrong. Anyone differ there?
Click to expand...

Recently BHP bought AXE tenements in West Roxby for $8M
So it sounds right to me. (IMO)
 
Hi springhill,

After all you hard work, no offence, but I finally settled for AXE

The reasons are manifold.
Most are written up somewhere in this thread.

But the deal maker was when I posted:
the price action is settling nicely near my comfort zone
Click to expand...
I like to sleep at night.

Hi pixel,

I reckon it's worth a punt
Click to expand...
Thanks for the gentle push.


Disclosure: As of today, I hold!
 
FINAL CAMPOONA SHAFT METALLURGICAL DRILL HOLE RESULTS
HIGHLIGHTS
Results for the last two metallurgical diamond drill holes at Campoona Shaft have been received. Significant results include:
o 31m @ 14.4%TGC from 16m in hole CSDD12_001
o 77m @ 17.2%TGC from 11m in hole CSDD12_002
All Resource drilling at Campoona Shaft has been completed with Resource estimation completed by December 2012.
 
SUGARLOAF METALLURGICAL DIAMOND DRILL HOLE RESULTS


HIGHLIGHTS
Results for the two metallurgical diamond drill holes from the Sugarloaf graphite deposit have been received and included:
o 29.5m @ 11.0%TGC from 19m in hole SLDD12_001
o 9.5m @ 15.4%TGC from 24.5m in hole SLDD12_002 including 6m @ 20.4%TGC from 28m.
The metallurgical drill core has been relocated to Archer’s new metallurgical workshop located at Lonsdale in Adelaide awaiting metallurgical test work.
Previous geophysical surveys and drilling at Sugarloaf has identified a large graphite anomaly.
 
Code Last % Chg Bid Offer Open High Low Vol

AXE 0.240 26.32% 0.240 0.245 0.190 0.265 0.190 2,455,092



Wow! I never get used to that!!




:axt:
 
burglar said:
"Electromagnetic Data Defines Conductive Bodies at Worlds End"
Click to expand...

... but that hasn't (yet) created any market reaction.
If anything, a glance at the m/depth makes me expect further selling pressure.

 
pixel said:
... but that hasn't (yet) created any market reaction.
If anything, a glance at the m/depth makes me expect further selling pressure.
Click to expand...

I have already taken some profit on these;
and will happily top up if I can free some funds.
 
burglar said:
"Campoona Graphite Maiden JORC Resource":

Up more than 23% on the news!
Click to expand...

Amateurish exuberance - needed a reality check.
Having said that though, I hold a few that I don't trade just yet at current levels.

 
You must log in or register to reply here.

Similar threads

MBK - Metal Bank
2 3
Replies
42
Views
10K
frugal.rock
ELT - Elementos Limited
Replies
16
Views
7K
Dona Ferentes
NTU - Northern Minerals
10 11 12
Replies
238
Views
50K
finicky
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...