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Ann: Material boost to Steam Engine Gold Resource, page-70

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Toddyman

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19/04/22

14:24

Post #: 60913339
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Originally posted by Kiwisfly9: ↑

I somewhat agree Mode.

I think it would be good for Peter Hwang to address the troops and let him know what the plan is ASAP as the vibe I'm getting from a few is that we feel like we are drifting just a little. It's obviously not his fault that the drill results are taking so bloody long and I'm sure he knows exactly what his next move will be but you can't assume the average punter or the market will and pre-texting your plans can be a great way to give the year some expected structure and some things to look forward to (and to keep the faith for).

CXO have done this very well in the past by talking about up and coming drilling programs, where they are expected to go and what they are targeting and how things could potentially change subject to developments. I reckon a page or two could be copied from that book to here.

The simple fact of the matter is, we likely have an enormous resource just waiting for the right drill hole to confirm its exact location (as we're obviously just on the edge of it). Lets give the campaign some structure so that the punters know what toys their looking forward to this Christmas.

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Drifting is a very conservative view when considering the SP. The last two months we have tested $0.05 cents or better and we are now at a 20% discount with little prospects until management step forward and provide holders of an outcome worthy of more buying. Tick tock tick tock.

SPQ Price at posting: 3.9¢ Sentiment: Buy Disclosure: Not Held
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