SOC 0.00% 11.0¢ soco corporation ltd

Ann: Halls Peak SG03 - Intersects Extension to Mineralised Zone, page-11

  1. 7,568 Posts.
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    One sensible thing the board could do is stop annoying everybody with "market sensitive" announcements which contain little information.

    There are 2 possibilities for SOC to get out of this rut ...
    * They find high grade gold near surface at Mt Adrah
    * They confirm the conductor is mineralized at Halls Peak

    This has always been the value add for SOC ... not diddling around in the frozen back blocks and arid zones of marvelous-faraway-land.

    The money being spent on the current Halls Peak drilling could have done 2 decent holes into the conductor at depth [or plausibly one deep hole and the other the less risky 300m hole that's planned] .... now that, potentially, would be a market sensitive announcement that people would take note of...

    In a few weeks the drill moves to Mt Adrah .... that drill plan at least has some merit.
 
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