Yes Artemis1,
Was a little surprised at the share price today.
130 odd more holes to give future results, and they have drilled huge depths of up to 33 metres... :-)
It sounds as though most of the gold is lying on the top of the ground (or within shovel depth)...
I agree that out of 85 holes there were less than 10 that had a positive result so the market was less than impressed.
I thought about adding these comments before, but didn't want people to think I am just ramping the story.
We shall see over the next few weeks as more results come through.
The area of the drill holes is about 230m by 450m based upon the figures given today. Very small in the scheme of things (5 klms gold target and a 7 klms unexplored region).
Would like to see a geographical map of the zones being drilled and also in relation to the other mines/operations in the area. I am sure that would get more attention.
In addition have gone back over two past announcements with drill results. These have provided good intersects also, as detailed in the reports of 19 August 2003 and 21 May 2003. Some of these holes are to depth of 125 metres.
Ewebute
IVK
investika limited
Yes Artemis1,Was a little surprised at the share price today.130...
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