I rang the company again last week and on this occasion I spoke with David Busch for about 20 minutes.
Something which impressed me very much ... he answered all of my questions in detail but did so without giving anything away. I like that.
My main question was the one we have been all debating for the last several weeks ... the delay on reporting assay results. His answer, in a nutshell, ... they are doing ~3000 metres of drilling which they are examining in detail, they want to gain an accurate understanding of the geology and to have a 3D model they can work with. The geo's are methodical and capable. The Company is disinclined to come to market just reporting individual holes, which might not provide a reliable guide to any potential commercial value of Kempfield. He gave me no indication about the status of assay results ... whether they have received some or not.
When the results do come out they might be good, bad or indifferent .... who knows? But, at the very least, judging by the conversation I had, they will be fully informative.
ARD Price at posting:
2.9¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)