WCN 0.00% 1.7¢ white cliff minerals limited

Ann: Depth Extension Drilling at Reedy South Project Completed, page-5

  1. 2,190 Posts.
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    i dont have a good feeling about this one - my gut is telling me caution.
    Usually these 2 separate pieces of work, at 2 separate projects, will have 2 separate news releases.

    Since when is crackerjack part of reedy south

    Deep drilling at Reedy South should have been done ages ago and they could have announced this already, yet they've waited to bundle the news together with some rock sampling / aero survey at the new prospects. Its like they're expecting bad news and hoping to mask it by unloading a heap of news in the hope the market overlooks the details.

    results due may - so they only just finished drilling or they sat on submitting to the labs so the results would be out at the same time as the surveys

    -news is late
    -timing of announcement
    -announcement hasnt really told us much except that work is complete
    -way the announcement is put together
    -lack of details / pictures

    Last edited by bond00what: 19/03/21
 
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