Been drilling over two months now, with Port Hedland labs only 45 mins away. Geos have a good idea of prosperous samples as they come up, with XRF data, sulphide logging and panning samples. If they have a good hole, they pay the lab to prioritise the samples. Can get results in 3 days. Otherwise they leave them as low priority, which can take up to 3 to 4 weeks, which is what GSM seem to be doing.
1/ no sign of insider buying
2/ 3 to 4 weeks to get assay results
3/ drill best anomalies targets first
Its not looking good for these guys.
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