hey mate - look through the announcements earlier, they had a...

hey mate - look through the announcements earlier, they had a number of drill holes into paddy's but not the results. now they stopped paddys drilling to do the IP survey.

if the results had been as initially expected, then drilling would have continued to step out and grow the discovery.

you're right, RXL haven't give up per se.... but read between the lines. there was a lot of text in the quarterly - no diagrams. the initial follow up drilling are dusters.

the other discovery, midway only demonstrates hits in a narrow shoot. the company draws arrows either side suggesting the lode is open yet doesn't drill them.

compare and contrast with other explorers who make a discovery - they keep drilling and if the results stack up, the funding is available. I guess it's a question of if not why not, and the obvious answer is clear.

an exploration company spreading its limited funds across too many additional targets when it has already raised money for a study and conversion drilling is a huge red flag. but let's see how it all unfolds