Once drilling is under way punters always get excite, chicken poo companies have a way of posting news on the ASX that excites the punters, the hard part for the punters is being able to weed out what’s really good news and what’s just pumping the SP.
Long ago we had a Perth company GDN who drilled in the USofA, they posted on the ASX monster good news that was bull dust from day one, they got away with it, I am not saying
this mob is doing it,or has done it.
One must be careful with mining,Oil,Gas companies under 10cents, they have habit of not coming up with the goods, just look how CDU bull dusted they had 10 years of copper that run out after two months, boy did the ramp team give me a hard time on that dog.
You like me will have to wait and see what the drilling releases tell us, then and only then will we all know.
Ann: LOI Executed for Canning Basin Drilling Campaign, page-295
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