HGO 3.92% 5.3¢ hillgrove resources limited

Ann: Kanappa Drilling Results, page-3

  1. 568 Posts.
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    My thoughts too, but no expertise in mining either. Disappointing, difficult mining. Cut losses maybe? and not initiate drilling of 3 planned targets.  Re-evaluate the geology.  
    Question is, are they going to try and decide new targets in the area, or as you say deploy the equipment and drill elsewhere such as Mt Rhine.  
    Listened to a great audio interview, maybe on Live wire, about 6 months or more ago, with a world renowned very large US resources investor.  One of the points I remember he made was that as a mining investor he follows (and then invests) in the (very?) few successful and highly skilled geologists around the world, emphasising that these are a pretty rare item.  World wide.  Hope ours is a good one!  
    I think this report might be a good example of the difficulties faced by geologists.  
 
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