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22/11/17
09:29
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Originally posted by pintohoo
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morning,
well, I would put a bet on an ann. anywhere between this morning and thursday morning.
Of course I could be completely wrong - but, past performance says that the company (meaning Tom really) likes to have an ann. out in a short time before events.
Sometimes he even drops them on the morning of the event.
I have zero idea of how he chooses the timing. One supposes that an ann. is possible - more likely probable for drill results from ?????. Aside from actual drill results - I can't find anything clear in the crystal ball that I could reasonably expect - what I mean is I don't expect any deals with other entities - I doubt if he wants that at all - certainly hasn't entertained it and has spoken against it in the past- and, we have cash and a friendly driller - and IF the JORC is on time - then that's about up to 4 months away - so, I expect nothing until either then or if there is some major change in sentiment - which?? I doubt.
I also, unfortunately, have no bloody idea how even good drill results will effect the SP immediately - because the SP tells us that nothing really exciting is happening in people's minds atm - and, we are just waiting to see what we have got.
I could see a very positive jump - but, there would have to be some very solid numbers (like spectacular grades over good widths) - either in the resource area - or in some of the wider targets.
The low of 505 on 2 Nov --- looks half r's ok on a candle or bar chart - but, if you look at it on a line chart (closes only) -- then - the close on 2 Nov was 56 and the close the following day was 54 (yes, 54) --
which is exactly the close of yesterday (54) -- so
I for one am not overjoyed there - it really isn't that exciting - because we are back where we were then.
hmmm - so, bloody hot drill results would be a relief atm. Because this looks like it's on hold barring anything out of the box until we get closer to the JORC. Of course - the overall sentiment in gold getting excited would be nice - as one would hope that all boats would rise with the tide - and BRB certainly looks like a fine boat and ???? hopefully should stand out from the pack.
We shall see
have a great day all
Pinto
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It has been a while since the last lot of results released. As they have lots of drilling going on with three rigs onsite for last few months, one would wonder what is the reason for no updates. Is it because they are not good enough or is it beacuse they are awaiting results from lab?
Hoping for the best