GRL godolphin resources limited

Ann: Mt Aubrey Drilling Update, page-6

  1. 3,372 Posts.
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    Hi Niclou
    My interpretation is as follows.
    Firstly and most importantly (They had no intention making this announcement)
    This announcement has been made because the drills are unable to get to the drill sites, they are letting us know.

    Secondly as an after-thought, They have one core sample that intercepted quartz and felt this was encouraging information that they wanted to share.
    Really all they are saying is that we are in the zone that was anticipated to have gold, quartz is present highlighting this success.
    Without certified results no claims are being made.

    Nic, we know that management of ARL and the largest shareholder and director in ARL and GRL have established a culture of letting the results speak for themselves. I believe this is in play. No P&D.
    I would have liked a piece of the core photographed and presented to display a finding of some gold particle, but that wasn't done.
    This announcement was primarily about the short delay beyond their control, nothing more.
    Have a great day mate, always good chatting with you
    RED

 
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