SWN 0.00% 4.2¢ silver swan group limited

You need a geologist at the helm of a junior explorer.David...

  1. 29,310 Posts.
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    You need a geologist at the helm of a junior explorer.
    David Archer is a barrister, not a geologist. He is very talented on the commercial side of things. Susan is a talented geologist and academic. You will say thats not reflected in SWN performance, well, VMS exploration is tricky, painstaking, and expensive, with deep diamond drilling costing up to $750,000 a hole, accounting for drilling, logging, core-cutting, and assays....Doesnt take much to blow $millions. To their credit, the company has been maximising use of downhole electromagnetics to pinpoint targets to minimise expensive drilling.
    I, too, an disappointed at the lack of exploration success,I paid 53c for my SWN, but not everyone finds a DeGrussa first up.
    We just have to give them a chance.

    GZ
 
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