AGC 6.25% 30.0¢ australian gold and copper ltd

My concern is that we are likely still 6 weeks away from any...

  1. 239 Posts.
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    My concern is that we are likely still 6 weeks away from any results from the new drill campaign which should be kicking off this week.

    Average punters are going to lose interest and we could see a retrace down into the mid 20s. Glen seems very bullish on the next campaign, but it will need to produce at least some high grade intercepts from the existing drill area, balanced against some new hits in the expanded targets. If we get this balance then I think we'll bounce back somewhere towards the highs we saw on the discovery hole.
 
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