RED 12.3% 32.0¢ red 5 limited

drlling

  1. 3,837 Posts.
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    My gut feeling there is bad news regarding below. Which could result in negative news on original find.

    Also, they stated results end of month (ann. was early July), why the delay????

    Exploration re-commenced at site for the first time in nearly three years with
    two holes targeting the northern extension of Panels 1, 2 and 3 now completed
    at down the hole depths of over 700 metres (approximately 300 and 400 metres
    vertical). The holes are geotechnically logged and assay results are anticipated
    by month end. A third hole has commenced whilst the second rig awaits parts.
 
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