OAU 5.00% 1.1¢ ora gold limited

Ann: Trading Halt, page-28

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  1. 2,291 Posts.
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    Sorry pfuzzy, but disagree.

    It would be more beneficial to THX if the JV was over the Red Bore project.

    My reasoning is that SFR are the expert as far as finding VMS in the Doolguna Area. If they have approached THX for a JV it must indicate at this stage of their exploration in the immediate area that something has peaked their interest.

    GG is a different proposition for THX, with Phil Crabb having a lot of experience in finding and mining gold, they can handle the exploration. With the new Crown Prince claim now ready for the drills we can expect some spectacular interesections as demonstrated by previous drill results, extensions to the main rich reefs are expected to be found, both further extensions at depth and outside the original mining claim onto TYX adjoining claim.

    Perhaps the delay in results from GG has been because of the JV negotiations and we can now expect a followup report on the gold straight after the trading halt report.

    Going to be an interesting next quarter.
 
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