WMG 6.90% 27.0¢ western mines group ltd

Ann: MTD026 Update and Expansion of Mulga Tank Drilling, page-38

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    Not too many holes have actually been drilled so I'm wondering how it is that management can so confidently make statements like " ...... MTD023 appears to extend mineralisation footprint across majority of Mulga Tank Complex ~ 3.2km." Its a big statement to make, covering an even bigger distance, for so few holes - and yet the Market is happy with that. SO I'm wondering what it is I'm not fully comprehending and hoping someone can enlighten me! I am also beginning to wonder just what drilling its going to take to come up with an MRE; let alone a PFS???!!

 
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