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I’ve been out of the loop now for a few years with regard to current drilling costs so would prefer not to make any calls. A plus for RoD is that the adit access provides the opportunity of drilling both up and down holes of relatively short length to prove up something that might be mineable and provide a cash flow in the near term. The alternative of establishing drill pads on the surface and needing to pass through metres of barren country before reaching zones of interest just chews up much needed exploration funds.
I must say that I appreciate your candidacy and willingness to ask rather than profess to know. I too am still passionate in soaking up all information of this wonderful industry that I can even though I am now at the wrong end of it. Long live the yellow metal!!!
AUL Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
