SWP 2.56% 19.0¢ swoop holdings limited

LACK OF RESULTS FROM FOLLOW-UP DRILLING MUST BE A CONCERN FOR...

  1. 430 Posts.
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    LACK OF RESULTS FROM FOLLOW-UP DRILLING MUST BE A CONCERN FOR THOSE THAT HOLD THIS STOCK.

    Surely WMC has completed targetted holes subsequent to the last very upbeat announcement. One can only assume that these holes have not returned the intercepts that they considered worthy of immediate release to the market. I thought they had 2 or 3 rigs up there? In reality it only takes a few days to put down a 250m RC hole, a week at the very outside for assays. No news may well be bad news...

    I do not hold. Way overbought IMHO.
 
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