Some wonder why Anvil management don't just drill and announce the results expediently.
There is the drawback of having to wait in line until private contractors analyse cores.
Having little or no control as such contractors have more work than they want or can handle.
After that the information must be carefully tabulated, interpreted, compiled in meaningful form, checked and ----- released to market.
The recent Cudeco fiasco should sent a wave of shame throughout the industry.
The usual - ie Cowboys from the West.
TSX enforcement is somewhat more circumspect than ASX supervision.
Cudeco would not dare repeat their action if listed in Canada.
Anvil will release drilling results.
When properly analysed and in meaningful form for public release.
The following is from ABC News On Line. ---------------
ASIC to probe mining industry share market announcements
The Australian Securities and Investment Commission (ASIC) will scrutinise the share market announcements made by junior mining companies amid concerns over their accuracy.
ASIC says its concerned some speculative miners have made announcements to promote their companies rather than inform investors.
The Commission has reviewed the announcements of more than 400 small mining companies, and the subsequent impact on their share prices.
It is concerned some statements are designed to promote the companies rather than inform investors.
ASIC says its also examining the statement by energy and bio-technology industry firms.
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