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Ann: Kochang KORES Drilling and Rock Results-SAU.AX, page-3

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  1. 61 Posts.
    The results are not as stellar as everyone was wishing for. However, there are a couple of things:

    - All holes intercepted "some" gold, which is good. It shows there is quite a bit of it underground.

    - They were not lucky enough to hit a high concentration, wide vein this time, but that is kind of a guided lottery. The more holes they drill, the more detailed becomes the picture of the area, so the next hole has a better chance of hitting something more significant.

    - Having said that, and given that this is done on the cheap, I would like to see more drilling activity being undertaken, but SAU has quite experienced people in its ranks, and can plan an exploration campaign better than any of us, keyboard investors.

    Bring on the next set of results!
 
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