IMO if the company is going to update 1 week after drilling has commenced, I would anticipate that they have reached the targeted brine zones.
My disappointment is with the lack of marketing nous by the executive. Why not have an announcement that drilling has commenced at Rincon and Pular is now ready to commence after the conclusion of Rincon and further updates will follow.
Rebecca and her her cohorts need to realise they are in a public listed company and investor interest is paramount to keep the SP at heightened levels in anticipation.
otherwise it exhibits a lack of marketing ability as well as a lack of confidence .
have a look at the announcements with another peer- observe the schedule from october 11.
https://www.nrgmetalsinc.com/news/
1. mobilisation of drill Oct 11 2017
2. Drill update on drilling and the reaching of target zones a week later
3. Core samples a fortnight later
CR afterwards a weeks later
4. Assays and confirmation of discovery 4 weeks after point 3.
From commencement of drilling to confirmation of discovery approximately 7 weeks.
As rincon 3 holes are shallower the turnaround should be faster and initial samples should be dispatched from 1st drill at least
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