OK - when i first read this announcement yesterday i had to take a time out so as i do not post a heat of the moment company bashing comment.
At the first skim read i was livid that they would put out such a lame ASX announcement , and then i thought to myself hold on , this mob are being continually pounded with emails , phone calls , shareholders banging on the doors wanting to at least know something about the progress of the land access , so i went back and read and re read and re re read the ann again and again until one paragraph really stood out for me containing a certain word which i interpreted (just my interpretation ) as a significant, almost cryptic message that Trigg was trying to convey to us without breaking any ASX rules or disclosing any information before it becomes official . The paragraph reads as follows.....
The forthcoming geophysics program at WCC, incorporating UAV sub-audio magnetic,
electromagnetic (EM), and 3D induced polarisation (IP) surveys, is designed to refine targeting
across the main deposit and its extensions by mapping structural controls and sulphide-rich
zones associated with antimony, tungsten, and gold mineralisation.
The crucial word here is "Forthcoming" . Last i checked the Oxford dictionary the word 'forthcoming' is described as - 'about to happen or about to appear' .
Whilst i have been critical myself of some of the decisions or hollow promises trigg has made in the past i do not believe that they are liars or trying to deliberately mislead us. If they had a court order on their desk from the farm lady wanting to battle it out in court over the next 12 months there's not even a snowball's chance in hell they would be using the words "forthcoming geophysics program" unless they knew for sure and certain they were just finalising the red tape procedures. I believe this was a 'read between the lines" message to reassure us 'hey peoples , we are subtly letting you guys know we are nearly at the finishing line , just hold your horses because the boots on ground exploration program is assuredly FORTHCOMING .
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Open | High | Low | Value | Volume |
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1 | 250000 | 8.8¢ |
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Price($) | Vol. | No. |
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5 | 423199 | 0.086 |
10 | 610774 | 0.085 |
8 | 1710518 | 0.084 |
4 | 1532926 | 0.083 |
Price($) | Vol. | No. |
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0.089 | 436353 | 4 |
0.090 | 379827 | 3 |
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