Are we going to see new topics from twitchy posters every time...

Are we going to see new topics from twitchy posters every time PDY goes into pr-open now?

Company announcements regarding JORC should be treated with a grain of salt.
Otherwise you are setting your self up for on-going disappointment.

Back in August the company said in it's June quarterly:
"In line with the Company's ongoing commitment to achieving a JORC compliant resource by the end of 2010..."

BRR interviews around this time said the JORC was "concrete" by end of 2010.

No mention of a JORC date appear in the September quarterly released on 1/11/10.

On 23/11/10;
"Evaluation drilling campaign designed to deliver a JORC compliant iron ore resource in early 2011..."

Same with the "Investor Presentation Update" released on 9 December 2010;
"Initial JORC Resource drilling campaign now underway maiden resource early 2011"

So since the 9th December, where does it say a JORC announcement is coming "January 2011"???

The only announcement since the investor update have been;

9-12-10 Clarification of update
20-12-10 Director's interest
23-12-10 Trading Policy
6-01-11 Response to ASX speeding query
13-01-11 New Issue announcement
27-01-11 Yilgarn Acquisition

Sorry, but I just don't see any updated reference to "January 2011" as a JORC target, since the latest Investor Update.

Gary Stokes has probably learnt (since the "concrete" statements) not to promise something he cannot totally control the delivery of.

Hence the vague "early 2011" target date.

If it comes in the two days, then great, but posters need to remain realistic, and that it may no be until the end of March, or later.