You are right there Chuxy. I feel that the big announcement on 14 July was more than a bit 'opportunistic' really. Gold was on a tear at that time, certainly it was well north of USD 1300 an oz, and so they announce an expedited drilling program with a 'gold focus'. The SP certainly responded at the time, pumping up and peaking at 0.037 cents, but has subsequently dumped back more than a full cent, as no EXPEDITED DRILLING PROGRAM has ever materialized.
Yes, in the time that the SP has been falling, we can see no sign of the EXPEDITED DRILLING PROGRAM with a gold focus being underway. As I've said previously, the latest release simply makes mention of 'reviewing' occurring with respect to the Trunkey and Pine Ridge tenements.
Are we all supposed to forget about the earlier release? Pretend it never happened? This is quite extraordinary!!
I don't think you are mistaken as to West Wyalong. There has not been a peep out of the company....nothing; very strange when West Wyalong was a key part of the EXPEDITED DRILLING PROGRAM announced on 14 July.
The hyperbole being used in these releases such as IMMINENT - PRIORITY -
HIGH-IMPACT - MAJOR BREAKTHROUGH - EXPEDITED etc - I'm sure we all agree that these convey a sense of action and urgency, yet it would be incorrect to say that an expedited drilling program has happened, one could say that the earlier release was erroneous in this regard, shareholders have been given an inexact picture of what actually is going on, that some of the claims made seem a little trumped up. I wish they hadn't concocted these kind of headlines but rather undersold and over-delivered.
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