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15/02/06
13:22
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AGS's M2 Target is directly underneath old copper workings at Yudnamutana.
Its a huge target over 200m thick.
Drilling of M2 recommenced on the 14th of January.
At that time they had drilled 200m and still had over 400m of diamond core drilling to go.
Drilling of this hole should have been completed near the end of January.
Interestingly the share price has now gone from 22c in late January to a high of 38 cents, without any new news being given to the market.
Drill Operators, Heathgate Personel, and the Analytical Laboratory, must all by now know what the drill results are for that first hole.
First Knowledge of the result of the M2 Drilling was probably known around the end of January.
Very interesting that the share price has gone up considerably and with increasing volumes on no new news.
I suspect a leak!
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