This is not an encouraging report IMO
- a disturbingly high % of holes were not completed to target depth due to a variety of causes.
- Curara Wells does not appear, from reading this report, to have any copper. Any magnetic anomalies are seemingly caused by minerals other than copper.
Whilst management cannot be blamed for what is found in the ground & their systematic prudent approach to exploration is understood, the delay & timing of the report is unacceptable. SH can have no longer, IMO, have confidence that management can carry out & report on a drilling campaign expeditiously & adhere to any promised timeframe. I have been invested in THX for over 7 years & my reservoir of faith in management is nearly empty. They need to produce results & it needs to be this CY.
THX Price at posting:
7.5¢ Sentiment: None Disclosure: Held
