If they wanted it to go under the radar why put in this comment...

  1. 2,985 Posts.
    lightbulb Created with Sketch. 1242
    If they wanted it to go under the radar why put in this comment "The Company has generated a combined exploration target for Alexander River of 250koz-500koz of gold at 5 to 6 g/t*"

    And then they qualify the statement with the following.

    "* The potential quantity and grade of this target is conceptual in nature and there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource."

    I am surprised that the ASX allowed this through, they normally don't allow such speculative statements, it is most strange and hard to work at the purpose of such a statement, given the qualification. Can anyone explain this?

    Otherwise its a great announcement and it certainly looks like the resource will continue to grow with further drilling. Looks like it has the makings of a world class resource. gla.
 
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