The last drilling results was positive news but with no guidance on how substantial increase MRE the last drilling resource announcement it didn't impress the market. We should have got the results of the last two holes by now and we should have got new set of drilling results very soon as they are drilling 200m per day.
At 20m width the resource is not so impressive. But if the Far East Capital is correct and we get gold mineralisation on either side of the shear ie 40-50m width, then the resource could be very significant.
MRP Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
