KRR 0.00% 1.0¢ king river resources limited

Any idea why they are only going down to 200m and it looks like...

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  1. 577 Posts.
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    Any idea why they are only going down to 200m and it looks like 150m on each hole? Do they believe that the load is less than those depths?
    If they are only doing shallow holes why don't they use aircore. I think it is a lot cheaper than the RC. An RC will do the first 100m in about ten minutes. Well it felt like ten minutes when your running your ass off.. I was always glad when the drilling got past the 100m mark as that was about the time I finally caught up with the drillers. The first 50 were always at a sprint and even to 100 it was fast.
    I do hope they know what they are doing. These last results were a disaster.
    I remember TLM drilling the hell out of their land but not finding anything. In desperation when they had run out of money and idea's Sandfire came in put a down hole survey on some of the holes and whamo. TLM just didn't drill down deep enough.
    Same really was with DeGrey. They went over the land where Hemi was 5 years before but only did shallow holes and missed the load. Otherwise Hemi would have been discovered 5 years before.
    I do hope they are not just doing a cheapy and hoping to save money.
    Wasn't it said by the guy who started Porsche. If he had listened to his accountant Porsche would never made it off the ground. I hope old Collipop is wrong. Bankers and Accountants are the same.

    AW
 
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