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Ann: Initial Drilling Results Douglas Creek IOCG Prospect, page-21

  1. 1,075 Posts.
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    The targets that they drilled were legitimate and I am fine with that. The results to date are disappointing but that's the nature of identifying targets and then final truthing through drilling. Very few targets end up being a viable economic resource.

    The one thing I wasn't overly impressed with, and it doesn't change the results by any means, but the announcement release of results less than half an hour before market close on a Friday afternoon, was in my opinion fairly ordinary.

    I'm out today as I don't see any short to medium term price catalysts. Hopefully they identify some new high quality targets or possibly better still acquire a new high quality project. Good luck to all CUS holders.
 
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