Yes I agree on all points, I sold some stock today that exceeded my expectation so I'm funded to take up the opportunity. This drilling program was based on mag surveys which I'm thinking they were over confident there was possibly just gold everywhere. I'm still bullish on the area but obviously the BOD are needing to have a good hard look at themselves they just burnt a hole in the war chest. The only news is they have drill results from an expansive area and can now use that to further the exploration.
I think their previous results are pretty good, do any of you guys know of similar results from other companies that are comparable? I'm keen to see what is out there
Ann: Reconnaissance Drilling Confirms Regional Prospectivity, page-33
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