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rosario

97 Posts.

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14/12/17

20:05

Post #: 29640905
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Originally posted by tradealot ↑

Hi kh

Here's how I read Windsor from the company announcements.

Based on the this quote from 11-12-17 announcement regarding Wndsor X1.

"Drilling of the two most highly rated EM conductors – Windsor X1 and Windsor X3 – has yet to be completed. The drill rig is currently at Windsor X1 where, based on this morning’s report from site, drilling is at 107m downhole. The target EM plate for Windsor X1 is modelled at 150m from surface, and we expect to complete this drill hole by the end of the week"

That report was Three (3 ) days ago. The drillers were 42 metres from the start of the X1 target at that stage. They can drill 27 metres a shift minimum as @Gold Bunny stated. 6 shifts @ 27 metres = 162 metres.

X1 Hole depth 300 metres. They have just about completed X1 - 107 + 162 = 269 metres.

Based on no announcent or TH = Ordinary results = You can forget about X1 saving the day this drill program. It's finished until more work to assess the hole etc can be carried out.

+++++++++++++

What about X3

End of hole depth 350 metres

Target depth 275 metres.

Will they even have time to get to drill to target depth?

Won't get started on this until tomorrow, after completing X1, which leaves 3 full days of drilling until Christmas shut down.

54 metres per day drilling minimum x 3 remaining days = 162 metres. It still leaves a good 100 metres from target @ 285 metres

This could be a finish in 2018 by the looks of it.

Cheers
Tradealot

@Paavfc

By the time news comes out, it's too late to take advantage of a situation if you needed too.

JP is telling us the results before the actual announcement, based on what they don't say or do!

Cheers
Tradealot

Expand

Hi @ Tradealot , correct me if i am wrong how can you write off x1 just yet drilling of x1 to be completed by end of the week being tomorrow i believe. I would expect news tomorrow or early next week ,good bad or indifferent. So lets not get ahead of ourselves just yet ! Goog luck to all holders

SGQ Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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