Results are as expected as it wasnt a deep and large drill program. Having visable gold from shallow rig at the start is promising as this tend to lead to a large deposit under.
The new phase 2 drilling which will start within a week or 2, is a more indepth program where the team now knows more information to the more likely were abouts this large Au deposit is situated.
Remember this phase will not cost the company as much due to having the state incentive program funding for half this phase.
Now comming to the copper talk, were is Vig's so called insiders that had information about this other metal floating in the surface?
Vig as you got the visable gold section correct before announcement, what happened to the ....Not only they found gold but another commodity... ?
All in all shoukld be an interested first half of the year with plenty of profects planned, including "Killara"
Lou
RRE Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
