Shredz007,
If we look at the Nov 1 announcement, we can speculate a little, as to what might be happening.
"The thicker massive sulphides intersected in MAD127, ..... have confirmed the repeatability of the strong mineralisation in this conductor and may suggest that the mineralisation thickens towards the south-west.
MAD128 is currently being drilled, and is targeting the MAD120b:X1 conductor approximately 15m to the south-east of the MAD126 pierce point.
DMEM surveys will be completed in MAD126, MAD127 and MAD128 next week.
The location of these first step-out holes from MAD126 were constrained by lack of available drill pads. Larger step-outs on the MAD111 Line will be designed once the DHEM surveys are completed on the recent drill holes, and new drill pads will be prepared appropriate for the new planned holes"
Despite some inclement weather, I think MAD128 is done and I am guessing that it has not repeated the success of MADs 127 and 126.
Hopefully, DHEMs this week should provide data for new targets on the MAD111 Line.
Then there is the bit about the drill pads which Helmenesh had a bit to say about after the Nov 1 announcement.
No good news on MAD 128 and a delay before next drilling accounts for the stall and fall in the SP...
Hopefully an announcement soon about the next step out drilling targets...
Cheers
Mulac1
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