A new week and starting to feel excited. This week we at least get a quarterly report and hopefully that provides some info about current drilling progress. At the start of December when the second drill rig started, Anglo had completed 69 holes. Maybe they completed an additional 25 holes prior to Christmas break. So we must be very close to getting drill results from Mandilla South and then we should start getting drill results from Mandilla East. Mandilla East is infill drilling, surely they can release 15-20 holes at a time. Hanging on to results for a bigger release is abnormal so management would need to explain why they wouldn’t release results more regularly. And regular results counteract the waiting for results from the lab. Anglo is a stock that doesn’t have a big following so regular results could gain some interest from new investors. I am sure management knows this so once again it has been perplexing why they have waited so long to release any results (and we are still waiting).
AAR Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
