Ann: Exploration Update, page-54

Two things for me:

After the first hole was drilled there was this statement :
"Subsequent to completion of initial drill-testing of pipes 1 and 3 at Plato and the Guida target (see appendix), a follow-up programme will be designed around hole JED-001."

In the latest announcement there was this statement:
"Following the completion of JED-006 at Guida (figure 2) a re-assessment of results to date will be conducted in order to prioritise targets for ongoing testing. A variety of potential target styles remain to be tested, including zones of high chargeability IP anomalism with no associated magnetic response."

When I see this difference I immediately think that there is poor results from hole 1 and they will now need to look at other options to test. Although I could just be paranoid.

Also the second pipe originally had 3 holes planned but in the latest announcement one of the holes was moved to the vein section, to me again I see this as them finding nothing in the second pipe.

I don't think there is anything dodgy going on as they are in suspension and why would they be in suspension if they wanted to make a buck out of dodgyness?

The one thing I cannot fathom though is why so much drama around hole 1 if its crap? why go reassay? why send to multiple labs? who would bother with this if it was just rock? I suppose we just have to wait and see.

Unfortunately for me I see a repeat of my 2013 XMAS period when I had a significant (for me) amount invested in NEN. what a great xmas and ny that was for me..... very similar announcements etc which turned out to be nothing.