Looking at the last Korean drilling update (5/10) stated that gold assays are due 7-10 days. Therefore, the Kochang drilling results should be released Thursday, Friday or Monday. As exciting as these results may (or may not) be, I think we have to recognise that these are the first holes in decades for this area. Furthermore, almost certainly, the first in a series of dozens and perhaps hundreds more.
I'm preparing myself for an SP reaction that could go as high as 50 cents on good assays. We have had recently really stout support at 33 cents, so I think that should easily hold above this if results are on the disappointing side.
Good luck to all, I'm not considering trading any shares on a SP bump or dip.
Looking at the last Korean drilling update (5/10) stated that...
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