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Ann: Geochemical Drilling Identifies More Targets, page-10

  1. 1,655 Posts.
    They reported before their xmas hols that they'd shallow drilled both Zn/Pb targets and 9 of the 12 Cu targets (that at Nehlen, the 10th, had been rained off).

    They have stated that there will be deeper drilling at Guchab South (Cu) and at Toggenburg (Zn/Pb) - and possibly at others.

    You can probably bet your home that they will exploit any sudden re-rating following release of any stunning results, if they have any. Cu is a bit depressed at the moment so they may hang fire until they can release stunning results from the 2km trend at Toggenburg as well.

    They also mentioned that they hope to gain access to 2 Cu targets near Kombat in Q2 2015.

    There may be an opportunity to make a dignified exit or a reduction of position by mid-year if they can produce those stunning results.
 
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