Hi Jay1983, I can't see anything untoward about this...

Hi Jay1983,
I can't see anything untoward about this announcement. I don’t think RNX is free and loose with its announcements, unlike some other small companies.

If you read today’s announcement carefully, you will note that “ this hole is the culmination of over six months of geophysics etc etc”. So they have been working on this for over six months but the first we knew of this anomaly was on announcement of 9th May. On 14 May, they told us that all permitting had been completed and clearance received, the diamond drill orientation had been finalised and drilling was starting the next week. All this took time but the company held their cards to their chest and made the announcement when they felt it was appropriate.

I appreciate their no fluff to the point announcements and methodical approach.

You will therefore have to wait patiently for the essay results. Unless, of course, the company thinks that the visuals of the cores merit an announcement or two.

It is reassuring to know that Mr Kirtlan “remains excited to complete the remaining 600-700m of drilling”.

Keep calm
Inky