re: Ann: New Copper-Gold Zone Identified at F... wogboy, i agree drill results are not going to light the SP on fire, but it does help build the companies value, and subsequently will help with any deals and financing, better that it keeps getting upgraded. If they announced tomorrow they were going into production we would see some spark.
Its a tough market ATM with any news generally being sold into, fear has taken over and trading has taken on a whole new bent. Pity because some companies have been putting out some great Ann only to sold down or barely move.
We havent had any volume since eureka report so would also like to see some 'real' volume on news of likes of asset sale etc and feel it might take a sharp jump until more news of substance released, such as JV of significance.
In the meantime they are not putting out failing or disappointing announcements so far.
Ann: New Copper-Gold Zone Identified at Flamingo , page-22
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