Ann: Xantippe Welcomes New Non-Executive Director, page-12

Hi Mule
Forget the clown, 100+ posts all "Sell" and "Not Held".

Read the XTC report 12 Dec 2019. Ok it is long but the front end has some eye watering gold grades.
But the key bit is 20 years ago many drill holes were shallow = under 100 metres. What has been drilled in XTC's areas is very largely under 100 metres.
Read the pages at the back end of that report and have a hard look at the depth of the drilling - 95% under 100 metres. XTC is aiming to drill at greater depths. Early on the diggers had no hope of getting much below 30 metres. (BTW, the clown hates any bold or emphasis in text)

We are not allowed to cross promote other stocks on a particular thread, so just a general statement. 60 clicks north of Laverton they are drilling deep and getting very nice scores, in an area abandon in the 1940s. Leonora ditto. And now Menzies at ?Level 23, (I think) with great 'face' grades. Level 23 is deep.
Basically, any geo' worth tuppence knows that is where it is now.
Summary: the clown is focused on bitterness and the historic drilling - 95% less than 100 metres. And he rails, and he rails, and he rails. 'Drilled out', 'had the shit drilled out of it', 'these guys are fools', et cetera etc cetera
Yep drilled out to 100 metres.
Back to my Key Point; read the XTC announcement 12 December 2019 but most importantly read the drilling reports in the last 15+ pages (ugh) - specifically the depth of the holes.
Profits are made by reading the full reports lodged and getting your head around what the company (the company drilling 60 clicks north of Laverton, the Leonora company, the company at Menzies) is doing that is different. In this case Drilling Below 100 metres.
I need to say, I am still researching Laverton, Leonora and Menzies.
cheers
lemons