GRL godolphin resources limited

Ann: Significant Gold Intersection - Mt Aubrey RC Drill Hole, page-9

  1. 1,762 Posts.
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    Goodness sakes it's hard to impress everybody. This is one drill hole of the Phase 2 program, and at this rate it is tracking 100% on drill hole mineralisation success. This early in the process is not the time to argue whether the grade and size of the deposit is economic to mine, because even a huge hit wouldn't prove that either. But proving a thesis is important and they appear to be doing that, albeit slowly but surely!

    I'd say it's going to take some time to develop any type of enthusiasm here from the market, unless they hit something huge along the lines of ALK's BODA. But I reckon they are progressing nicely. JMO

    J22

 
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