WMG 3.51% 27.5¢ western mines group ltd

Ann: Completion of Hole MTD026 and Upcoming MobileMT Survey, page-614

  1. 395 Posts.
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    You are right CounterVin, they don’t have to wait till all the hole results are in. But they can, providing they are not sitting on extremely price sensitive information. And even that can be down to interpretation. I say this because recent history shows a lot of good results have been announced by companies without the slightest effect on the share price, for whatever reasons?
    So they appear to have a strategy in how they want to release what is building up to be a lot of information. One, the results of 26, and the promised update on 27. Plus all the geotechnical info.
    Question is, are they holding back because of poor results? I don’t think so. They appear to me just to be very thorough in what they do. Could be called conservative. But I’m happy with that. And as has been said. These are deep holes, and when they have announced in the past. They have given us a good picture of the whole scenario, making for some great reading.
    Looking forward to the next chapter!
    Bloody fun!
 
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