ERM 3.70% 5.6¢ emmerson resources limited

Ann: New Gold Zones and Drill Campaign to Commence, page-3

  1. 675 Posts.
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    These Tennant Creek deposits are smallish, but high grade. They are costly, and time consuming to drill. REM have promised that they would crack the code - have they?

    I am not sure what 10,000m drilling gets in that environment. These types of deposits can be a large distraction. Yes they assisted the birth and growth of companies such as Normandy.

    It's been some 6 years now for money and exploration spent on this area - what's actually come out of it. With any good gold story you do have a limited shelf life and you continually need results to keep the momentum up. Unfortunately no real success stories here to fuel the fire.
 
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