Folks i know it is a little frustrating waiting on the labs, Ed did say there is a back log at the labs. We have drifted lower from our high's, but the SP is holding up well in spite of the GOLD hammering in the last Month or so.
This is only resource definition drilling at Menzies, the grades have been really nice to date. We have another 7000 meters of drilling to go and 1,400 meters of exploration drilling at Menzies.
Only 20 holes have been drilled below 200 meters at Menzies of a 15Km strike zone. That is peanuts.
I have asked a few GEO's regarding Menzies and they have told me "The source has to start from somewhere doesn't it"
Their opinion is that below 200 meters could possibly be payday
Ed Turner is the man for the job, have a look at his record. Old school no fuss and get the job done.
With only 153M SOI, this is not a day traders play pen, hence no frantic HC or twitter pumping.
Good luck all, we have not even start drilling the juicy bits yet. Also Goongarrie might be the cream on top
KWR Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held