GBE 0.00% 3.7¢ globe metals & mining limited

early november, page-18

  1. 27,754 Posts.
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    I could have gone along with "your point of view "Spotto being a more long term holder, but for your post on the 5th saying youd made a ST play on GBE as well.
    If failure to meet timelines was a criteria for directors to loose their positions on boards,there would be no directors left to fill the entire AUS listed companies.

    Heres what was actually said from the quarterly report Spotto.

    "The maiden RC drilling program is now complete, with 1,688m drilled in 16 holes that tested four
    different zones of REE mineralisation. Unfortunately, the drilling contractor needed to swap the
    originally provided drilling rig for a more capable machine during the program. This led to an
    unexpected delay in the completion of the program and therefore has also impacted the reporting of the
    analytical results. The Company now does not expect these results until early November."

    While the word expect, implies a high degree of cetainty,they could be no more specific than saying early november.
    Im more interested in any drilling results being 100 percent correct than on time.

    Short term trading is fraught with danger as your now experiencing.

    The two strongest warriors are paitence and time.
 
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