More excellent results today but not surprised by the market reaction given the run up in SP over the last week.. Not every announcement will blow people away, so hopefully back to business soon. There's still a lot to like though IMO
- Four new high-grade zones
- Significant new high-grade drill intersections
- Assay results pending for a further 45 completed drill holes
- >$130 million in cash
- Initial activities in the Julimar State Forest have commenced - first results from that work over the coming weeks
- Six rigs drilling and more rigs joining shortly
The presentation for Red Cloud should be very interesting. Also of note, I see they have Three rigs currently drilling at Pyramid Hill (from Red Cloud Report). They are keeping a tight lid on what is happening there - I assume we will get an update in the quarterly activity report.
And how about the 3 million shares at $5 - for about 2 weeks.. If they aren't accumulating, someone better have a word with them on how to offload large parcels without scaring the natives. All IMO.. Have a good day
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