This technical review put up by management last year is worth a read:
https://hotcopper.com.au/threads/ann-twin-hills-gold-project-technical-review.6171263/
From the table in APPENDIX 3 attached at the bottom of the announcement, you can see that there is a large number of historical holes by prior operators that they have *interpreted* to have been drilled DOWN DIP. I wonder how that goes in a resource model?
If this was a "pump" job by management they would not be bothering with any of this.
They are trying to get the model right, this is a very cost efficient value add for shareholders. Some thought, analysis, actual epithermal experience, metallurgical expertise and drill holes to confirm their ideas.
I find the idea that this is a pump - laughable.
Or that this is a director special - laughable.
It is a shallow assessment by shallow speculators.
As usual the devil is in the detail.
In any case.
14M shares traded so far, or well under 5% of register.
On the director specials the brokers churn out more like 50-100% of the register.
The people jumping in and out are welcome to, but it doesn't stop us drilling this out and getting on with business, just noise.
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