Showing some reasonable results here from Phase three, will be all about Phase four as to whether this is worth digging out I speculate, anyone else care to add comment regarding this?
IP surveys to start shortly and phase four drilling to begin after that. No mention of mercury content, however they mention cash held for an 'environmental rehabilitation bond'
"As at 30 June 2011, the Company had cash at bank of $2,090,732. In addition the Company had $1,066,500 held on fixed term deposit as cash backing for an environmental rehabilitation bond on the Horseshoe Lights Project."
HOR Price at posting:
23.0¢ Sentiment: None Disclosure: Held
