PRX 0.00% 0.2¢ prodigy gold nl

Ann: Diamond Drilling Underway at Scimitar Au-Cu Target, page-45

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  1. 5,041 Posts.
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    Either the rig has finished drilling - in which case the company should tell its shareholders (even if they are still logging and sampling the core and assays may be pending), or the rig is still there on site - and there is no way the drill crew will be getting there at the moment given the amount of rainfall, again, something that the company must tell its shareholders about....

    900m of diamond drilling is around 18-25 days of drilling if on double shift, or 36-50 days if single shift. Lots of rain in the area from the 1st-9th Dec and from 20th-27th Dec so only 16 to 20 dry days from late Nov to today so they had better have been double shift drilling and drilling fast, and they might have just snuck in around the weather.

    These sort of guessing games is exactly the sort of thing that really pisses off shareholders.
 
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