…. Comments on last [Flea-Bag] Quarterly Jan 2017.
"The funds were raised to provide the Company with additional working capital and for the investigation of further exploration opportunities."
…. Really ?
"This strategy will continue to be centred around the Company’s existing commitment to the Trenggalek gold project in East Java"
…. There's probably 2017 gone.
"the next phase of exploration to be undertaken at Trenggalek by Danusa in the first half of 2017 after consultation with the local community."
…. Smells bad … wording has now changed from May 2017 to 'first half of 2017 and 'local community' usually may open a Pandora's Box of nothing good.
"Independent geologist engaged to undertake project review."
…. Drink lots of coffee and review the data quickly please.
"Danusa has agreed to continue with Stage 2 Exploration with a budget of US$ 1 million to be spent in the first half of 2017."
…. ARC maintains a 'shoot to the moon' rating, while Danusa is still exploring Trenggalek.
Go the ARC ! MAGA !!
Go Danusaaaa !!!!
…. only my views DYOR. [forever bored 500-1'd Le-share-holder]
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