I'm okay with this announcement. Maybe I am missing something obvious? Good grades on extensional drilling - perhaps adding to the complexity? to me more gold is good. I think the pause in the drilling program is fine so they can get their head around the data and have a plan of attack. got to have a plan. Why burn cash just to keep the drill turning - the gold isn't going anywhere. I see the resource growing, the questions for me is how we go about funding the next stages and development - short term most likely CR then takeover or debt issue/more capital raises.
To me this resource is tracking in terms of size and grade and I will patiently sit back and build a position and hopefully enjoy the ride.
Down 8% ouch - am I throwing my money away? the market today says so, see what tomorrow brings I suppose.
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