$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.