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Day Trading June 7 - morning, page-196

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nata12

5,717 Posts.

07/06/16

11:24

Post #: 17970461
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Originally posted by nihilism ↑

Mm hard to say, their drilling so far has been inconsistent.. and I don't like this part of the announcement:

"Preliminary ‘gold only’ results have been received for one hole (TDH039) from the Bald Hill prospect which was submitted for priority analysis due to the intensity of sulphide mineralisation and alteration clearly visible in the fresh rock. Other holes intersected zones of variable thickness containing iron oxides likely after weathered / leached sulphide mineralisation. Further announcements will be made once further results are received and interpreted from this programme."

Why say that? Why not just go on about how good this hole is. Why tell the market that the rest of your holes are pretty average haha. Seems strange but refreshingly honest.

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Thanks I am going to hold for a week or so and see what the market says
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