Sort of begs the question as to why PRX got those results from Sabre back in 2010 and then studiously ignored Sabre until now. Most companies who got s results of 17m @ 3.93g/t Au (ASX: 24 May 2010) and 26m @ 2.73g/t Au and 24m @ 2.59g/t Au (ASX: 18 Jan 2010) would not wait 11 years to do follow up with additional drilling.
The proposed drilling at Reward and Katana seems very timid to me (only one RC hole each), especially Reward, with that much geochemistry and possible strike extent would it kill them to plan at least a few more RC holes to at least nail down the strike of these zones? Its annoying when companies give a prospect only 1 shallow RC hole to "make of break" a large geochemical anomaly, as it easy to have a near miss and walk away from something that is potentially quite good.
PRX Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
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