Worryingly, there was no mention at all of West Wyalong under 'NEXT STEPS' and I found the reference to 'reviewing its other tenements in Trunkey-Kings Plain orogenic gold system, including the historic Pine Ridge gold mine' as a complete about-face. Previous release from 14 July 2016 - ARGENT EXPEDITES SUBSTANTIAL DRILL PROGRAM SCHEDULE - includes the following:
■West Wyalong Theia and Narragudgil gold target drill test in advanced stages of preparation.
■ Trunkey Creek and Pine Ridge projects expedited as Argent prioritises gold focus:
– Review and analysis of NSW Government historic data commenced to enable reporting in accordance with JORC 2012.
– Access processes underway for field reconnaissance and geochemical sampling in preparation for drill-testing.
■ Kempfield – preparation for next phase of drilling underway while assays are pending.
Now, in the latest release under NEXT STEPS the company does not see fit to mention West Wyalong at all, and whereas in July the Trunkey Creek and Pine Ridge 'projects' were being expedited with access processes underway - 'as Argent prioritises 'gold focus'' - now we are just told that they are 'reviewing' these tenements.
Does the company know what it is doing? To my mind, it is not correct to talk of an 'expedited substantial drill progam' and 3 months later have no advice as to if / when the actual drilling is underway. Although previously a poster on HC advised of some flooding at West Wyalong, does the company feel it has no obligation to inform shareholders of such?
Less hyperbole, more clear action would be great.
Is the company still 'prioritizing a gold focus' or has this changed?
Note: I should not have to fly / drive to an AGM to try to seek clarity on a murky and seemingly very changeable situation.
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Price($) | Vol. | No. |
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