Wow CXO still have some serious skittish holders, after a news announcement about drilling starting at Ringwood.
A short mention of Zola as it was an announcement to do with Ringwood (is it just me or do they seem quite excited about Ringwoods prospects). Seems the lack of the word spodumene while mentioning Zola has affected SP.
They however did mention that 'most drill holes intersecting broad zones of pegmatite', this can be interpreted as no mention of spod = bad, or we pretty much know they have spod already just how much what grade so broad intercepts = good. It's scant info really and either way you go is a guess as there is no fact behind it.
Anyhow with Zola coming and Ringwood not too far behind we will find out soon. Short term noise is just that.
GLTAH
Wow CXO still have some serious skittish holders, after a news...
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