Which ever target or targets the trading halt relates to, it is highly encouraging on a number of fronts.
- Firstly to receive results from a maiden drilling campaign that are worthy of a TH is quite remarkable in itself
- Secondly it is a huge vote of confidence for their geological modelling to identify targets worth drilling
- Thirdly and following on from efficient geological modelling, funds are being used in a very efficient manner in order to get best bang for buck
- And lastly, potentially identifying mineralisation through drilling will push the share price up and allow the company to raise further funds and reduce the dilution factor
Which ever target or targets the trading halt relates to, it is...
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