HCY halcyon group ltd

drilling update, page-5

  1. 768 Posts.
    Keep your trousers on Flasher as there is no free lunch within the market only your idealised perceptions .
    Suffice to say recent holes down 180m & 200m with extensive ongoing EM testing . Drill rig is approx 16K a day from recollection and the average hole takes about four days to drill although they are drilling 24/7 atm with two crews so somebody who is technically qualified might like to pass comment . 80% present focus on nickel as they only have a small window of opportunity to utilize the drill rig and draw upon existing resources . 20% focus on gold but that is outlined in the prospectus .
    Put Your rose coloured glasses on Flasher and the world will be so much brighter .
 
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