SGQ 3.23% 3.2¢ st george mining limited

Ann: Diamond Drilling Underway at Mt Alexander, page-171

  1. 11,371 Posts.
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    Sorry, I usually listen to most stuff you have to say but that is nonsense... how is the latest drilling program a failure? It literally just finished and there is still approximately a month until the return of assays imo.
    Right now you are speculating that because of no news we didn't hit anything in the latest drilling campaign...
    IMO that is not factual and an attempt at misleading people. Unless we got an announcement from management saying we hit nothing substantial/they expect assays to come back below expectations then you are just speculating at this point in time. A lot of companies hold out on newsflow until the assays can confirm their interpretations of the geology hit during drilling. That way they do not over-excite or over-hype the market only to disappoint if assays show no adequate mineralization.
    It is better to get good news when least expected IMO. This may also help get rid of the deadwood on the register. Plenty of reasons for management to wait until final confirmation from the lab!
 
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