RDN raiden resources limited

Ann: Andover South Drilling Update, page-320

  1. 1,805 Posts.
    lightbulb Created with Sketch. 361
    Some interpretations are better than others.
    you can’t be posting in good faith and say the quote below.

    “in their words. deeper drill holes, could also mean that's because there's nothing interesting shallow so they will Hail Mary some deep ones. interpretations are many.”

    Your ridiculous hypothesis is that they are finding nothing with the shallow first 50m holes they’re putting into the outcropping pegs, so they are throwing deep Hail Mary holes about? That can’t possibly explain an average hole depth of over 180m.

    And to refute another of your points: the raise does make some of us wonder “why not wait till results”, but a balanced look at it does not yield anything untoward. Some companies would raise before bad news so as to fund their lifestyle for a few years, but we can be sure they would not be spending all those funds in a six month period! RDN is going big, and that’s all we can ask for.


    Last edited by WhatsupwithBas: 09/11/24
 
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