re: Ann: Next Deep Diamond Hole Underway at M...
Since the first hole took ten days to drill 1030 metres, we can expect 100 metres a day if there are no problems.
Looking at the diagrams kindly posted by Vontrader it looks like the second hole should enter the mineralised pipe somewhere between 200 and 300 metres. Its Saturday night now, and the drilling started Thursday morning so the drill should have progressed close to 300 metres, which means the team should be full on logging samples from the Hobbs Pipe.
Maybe Monday morning we will have an announcement that they have drilled through 100/200 metres of mineralised hobbs pipe.
Hey, next week is going to be crazy. Announcement or no announcement some people are going to know when and where the drill entered Hobbs, or that there is no Hobbs.
Tuesday is when visitors are reputed to visit the site to check out the progress of the drilling. Tuesday at 11 o'clock (if all goes well) will be a full 5 days of drilling, maybe half way through the drill hole. 500 metres in. Maybe a couple of hundred metres of mineralisation.
So I don't know how they will handle this. News and updates every day. No news until they finish.
Too exciting, how are we going to get any sleep. Whats the share price going to do with all this news pending. After Friday things looked like they could get dramatic quickly.
Saltbus (sleepless)
SOC Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
