SGQ st george mining limited

Ann: Research Coverage by Edison, page-4

  1. 541 Posts.
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    Hang in there pow4ade
    Everyone is entitled to draw there own conclusions - I did not draw the same conclusion myself
    The conclusion I have drawn is that tantalising targets will be identified.
    My justification for saying so is based on:
    1. Samson is inherently a deep search survey so that is exactly what we are looking at - prior EM surveys have already identified shallow targets by Non Samson methods
    2. St George has always made sure all their ducks are in a row before making any announcements (and though frustrating for the impatient not so for long term investors). I believe this is the case now with further survey and modelling work being done to provide clarity when the announcement does come out (I am fortunate here coming from a technical background and understanding of the survey technology so am completely at ease with what is happening - there is usually an initial detection and then lots of "honing in" work done - and St George won't release just an announcement that says "there's a big lump down here fella's (and gals) - they will refine the model to make as accurate an announcement as possible).
    3. The positive wording of the announcements - we would not be hearing the words like compelling from John Prineas if there wasn't something compelling there.

    I am very confident that we will all be very pleased whenever the announcement comes out which details what has been seen by Samson and whatever other methods have been employed to describe the initial target/s - and that we will see follow up drilling and DHEM's to zero in further once drilling gets under way. - I also personally believe that history will show the western area to be just the start of the "deeper" part of this Mt Alexander journey.

    Cheers and GLTAH
    IO
 
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