SLM 4.08% 9.4¢ solis minerals ltd.

SLM Megathread, page-490

  1. 9,046 Posts.
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    I'm stuck between 2 possibilities here.

    Firstly the drilling is slow and they haven't found much, so are delaying the bad news, or secondly, they are still trying to pick up ground around the initial drill ground so are deliberately going slow until they have a few more tenements in the bag.

    Of course I'd like to think it's the second, as we all would, but just slow drilling and nothing else to report doesn't really make sense by itself. If they had broken something on the drill rig and the second one hadn't turned up yet, then report that.

    So for me it's something fishy, like they have deliberately slowed/stopped the rig, to give time to pick up the surrounding tenements, or they have drilled a lot more and found nothing.

    If the next announcement is they have picked up surrounding tenements, then I'll be adding a lot more to those already held, and if it's a duster we will all suffer. Good luck to all of us...
 
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