new drilling because old drilling bad, page-3

I made the following prediction re assay results a few weeks ago.

"Encouraging assay results for hole 1 would be;

COPPER: 0.2% or better
GOLD: patches above 0.1ppm
URANIUM: 25ppm or better

These sorts of results would show that these elements were being concentrated in the system and there could be economic concentratons of them nearby."

Raising capital for an expanded drilling program makes a great deal of sense if assay results are encouraging. It makes much less sense if the assay results are poor. I think encouraging results are likely. The company is obliged to release good and bad results in a timely manner. No ann probably means that whatever results are in already are in the "encouraging" category.