trading halt, page-26

The announcement appears misleading to me.

They announce "high-grade haematite sampled over 8km" -

then state "The area has hematite mineralisation developed in several areas over at least 8 kilometres and up to 20 metres wide"

so which one is it? does this mean 8km of continuous mineralisation, or sporadic zones?

And 21 samples over this length of strike is hardly representative of 8km... What, the companys' been bled so dry, it could afford a sample every 50m?

Shonky shonky shonky - knowing that ASIC are coming down hard on jnr announcements, I hope these 2nd-hand car salesmen get the pineapple.