SDL sundance resources limited

far suck of the saveloy, page-5

  1. 1,749 Posts.
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    Jami

    My point is that no one can estimate the size of a resource based on the drilling of one hole.

    Even if that hole contains fantastic results what would it mean to anyone?

    A resource can only be defined by drilling out a strike/target zone in a recognised drill pattern that will allow a qualified person to estimate the potential size and grading of the resource.
    This of course will take time and that is why I said that patience would be required.

    I may have been unclear in that point in my previous post.

    If the above is correct (Which it is) then the company is in compliance with ASIC rules and regs regarding market disclosure.

    I don't think we will hear anything regarding results whilst Directors, Ken Talbot and a bunch of brokers are in Cameroon anyway as this will be taking up a bit of the company's time.
    Cheers
    Belkin
 
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