Slow going alright... "after a relatively slow start to the drilling program, daily production of 25-35 metres of diamond core is now regularly being achieved." I stand by my expectation of 50m/day average subject to average hole depth. Honestly, investing in NWC is a bit like the Neo in the matrix, stuff that should happen quickly seems to move in ultra slow motion...
Still, 3 holes to target depth will give them a very good idea of what the IP anomaly is caused by and the geological, exploration implications. I would have thought it fair and reasonable to update investors after 2 months drilling with some pictures and geological description of what they found... I mean, we own the company as well, why not let us in on the secret?
NWC Price at posting:
3.5¢ Sentiment: None Disclosure: Held
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