Good morning rester,
I did note that the new holes seem to be where the old ones are. So just wasting money on drilling really, probably to give a 'smoke and mirrors' good news story, but for those who look closely there is no real great unexpected news. If you drill a hole right next to a hole where you found gold then its pretty likely you'll find it again.
What we need to know is how many ounces there are in total that can be brought out of the ground.......and more importantly can this company get it out of the ground and if so when? Their track record with getting minerals out of the ground is not good. I'd like them to show me 1 gram of any mineral that they dug up for sale.
On another note, I thought for a minute we would be getting another ASX speeding ticket for the 4 tenths of 1 cent price rise this morning, but as is the usual case the stock went straight back down. I say again to the ASX, is 4 tenths of 1 cent really worth worrying about!
Cheers,
Catweasle
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