$XTPT News Analysis - No reason to be bearish Mac tickers - Constant and Consistent progress towards well thought out execution. (
$NALG &
$XCPT as well)
To sum it up why this is Major News for
@AmericanSbCorp and
#Antimony :
1. **Phase 2 Drilling.** The market remembers the Phase 1 results — a $1.86 per share run on massive volume and what many view as the largest documented
#antimony intercept in history. Phase 2 is expected to bring greater definition and ultimately a RESOURCE.
This makes
$PPTA very nervous, in my opinion, because they stand to lose the ability to market themselves as the "only option." Not only do I believe
$XTPT's resource will be significantly larger, but it should also prove far more economical with extremely minimal environmental impact. From my viewpoint, that makes
$PPTA largely irrelevant at that stage.
2. **Block Modeling Efforts, Full District Access, Small Mine Permit, and Stockpiles.** Read the writing on the wall. Sales are coming, in my opinion — and not small sales. They are clearly gearing up for sizeable tonnage.
Large offtake buyers and mills want scale, and
@AmericanSbCorp is about to deliver exactly that through block modeling and the advancement of a district-scale development strategy.
American Antimony Deploys
@wfmining to Advance Phase II Drill Planning, Initial Block Modeling and District-Wide Access Evaluation Across 3.5-Mile Strike :
$XTPT
newsfilecorp.com/release/300… #Antimony #Mining #MiningStocks #DrillResults #Investing
CEO Commentary
"Our vision has always extended beyond a single mine," said Mac J. Shahsavar, P.Eng., Chairman and Chief Executive Officer of American Antimony Corporation.
"Western Frontier's latest field program continues to advance that vision by helping us define future drill targets, begin developing initial block models, and evaluate the infrastructure required to unlock the broader district. We believe these efforts further strengthen the foundation for long-term development and reinforce the significance of Bernice Canyon as the top emerging domestic antimony district."