The way I read what is coming out of ARD is that they will drill Trunkey & West Wyalong this year, and return to drilling at the main Kempfield deposit in 2017, but in the interim will incorporate all the results from recent drilling campaigns into an updated resource estimate for the main Kempfield deposit.
So up-coming drilling is now transfogrifying into a gold hunt.
Which is great, IMHO.
I only anticipated the great gold hunt taking place at Kempfield for the gold supposedly near the footwall & also at West Wyalong. The Trunkey drilling is a new development to me.
I'm expecting volatility in the gold price / ARDs SP to continue through this year.
I don't expect the Brits to Brexit, I think they will balk at actually doing it. There will be a big takedown of the gold price once the Brexit fears are over.
ARD Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)