AMD 0.00% 0.3¢ arrow minerals ltd

If and when Trading Halt?, page-52

  1. 1,050 Posts.
    Personally,

    imho, my interpretation is they struck dust.

    If I think back to the Investor prez's in both Mel and Syd, the CEO stated (so twice in 2 days) that if they found something, they would see it in the cores in the field and wouldn't wait for assays, but would report that immed.

    So, if we are to believe in this guy and take him at his word (and let's face it - everyone says confidence in your man is a big deal in spec stocks), even with the weather delays, if they are only/already writing up reports now and awaiting lab results, conclusion;

    Fair to middling results at best.

    Maybe more 'channel definition', but that's about it.


    Of course, the flip side to that coin "might" be they found Soooo much, it was only prudent to await lab results, etc.


    I'd like to dream as much as anyone, but in reality I suspect .............
    Last edited by KDoc: 05/11/14
 
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