OAU 0.00% 0.5¢ ora gold limited

Ann: Drilling Underway At Curara Well, page-43

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    RB: they need to continue to prove up the theory that the pipes continue and they lead to something bigger

    CW: different proposition. looking for lead indicators that something bigger and better lies deeper down. I'm not really expecting much in terms of copper grades (of course a bonus if that high chalcopyrite). more that the geology is giving the right indications.

    my little mate PEX was $9m a month or so ago . was a bit unloved as they hadn't been able to re-produce some earlier exciting grades. then they hit (in their words) spectacular grades up to 30%. now they are $40m+ and rising.

    high single digit grades at either or both sites should be enough to nudge THX up to 20c with the prospect of plenty more drilling to follow.
 
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