scd - pil not looking good, page-6

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    re: scd - pil in a nutshell!!! Further to my previous paranoid ramblings, I received an email that has put my ulcers to rest (for now).

    It seems the Jaguar upgrade is continuing and will be out at the end of the month.( Hope it's good, eh?"

    Inmet finished drilling, did some downhole EM tests & went back to Canada for Xmas.This corresponds with the news at the AGM that Inmet had hit some disseminated stringers, and that's all.
    So we will be full of suspense when they return to drill again.Hopefully it will be in the right place.

    Ah yes, I post here the relevant parts of the said email:

    "The scoping study is still progressing but a bit slowly because of people taking leave and the need to get accurate results into the draft for publication. We now intend to have an announcement out by the end of this month.
    The Inmet drilling has resulted in Inmet doing down-hole EM surveys and taking the data away for analysis. We are still waiting to hear back from them. Because of the cost of drilling each hole they didn't want to drill any more than one hole at a time on each conductor.

    Regards


    Gary Comb
    Managing Director


    Now you know as much as I know.
    Cheers
    GZ
 
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