He seems to have stated a lot of what is commonly known: the amount of drilling being done, the capable geo's they have etc. We have all seen the modelling done to date with the lenses and the way that it is believed that the resource has been 'tipped on it's' side. This is a work-in-progress that they have been adding data to over time.
An earlier post from another HCer, from a few weeks ago, advised that the conversation they had with someone at ARD included advice that the assays - probably the first of many - were expected 'any day now'.
Having reported some time ago positive visual evidence in drill cores and shown some photo's from one of the cores from one of the two drill holes drilled to that point, it would have been consistent of ARD to continue to update us along the same lines, with further reporting at each stage of the process.
To now shut up shop until they have the final complete picture from this round of drilling, complete with updated modelling.....it's a little disappointing from my point of view. I was fully engaged with the unfolding story and felt in the loop and engaged with the process. Now it seems that, after the very informative and much appreciated earlier release regarding positive visuals from just 2 holes out of the campaign, the draw-bridge has been raised and we have been cut-off from the process.
I will remain patient but it would be great for the company to be consistent in these matters, rather than having shareholders chasing them to try and get re-engagement from them.
ARD Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
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