@mulac1 .. You have highlighted a huge weakness in this company, re-read what they claimed on p1 of today's quarterly ....
"Three moderate to low strength off-hole EM conductors identified from the DHEM survey in MAD200 – including one with a strike length of 250m"
There is nothing about modelling, just identified from the DHEM survey. So they later hidden away on pg 5 change what they clearly stated on pg 1.
It's long been my contention that the announcements are not clear and easy to understand. It makes the investor do a massive amount of extra work to put everything together.
When I did that work from a multitude of announcements spread over years, putting different drill holes in order via using trigonometry to 'see' where they all went, the picture was far less rosy than painted by the company, which has put out false cross sectional diagrams and NEVER bothered to correct them! (they showed mineralisation of over 100m thickness in places of over 1% Ni, where none existed by results!!). I have linked to these several times..
Do you really think they should be stating one thing on pg 1 then on pg 5 state something different??
SGQ Price at posting:
7.1¢ Sentiment: Sell Disclosure: Not Held
