DSE 0.56% $3.52 dropsuite limited

importance of jorc, page-14

  1. 1,200 Posts.
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    Agreed guys. The team have been steadily going about the business of drilling and proving up extra resource as they announced they would last year. It takes time, more than I had originally anticipated for results, but all is going to plan with results as good as expected.

    I can wait for the JORC upgrade to be announced when it is ready, this week or next is not important, sometime this month will be fine. That will give time for the gold sector to gain market sentiment, and it feels like it is starting to swing into favour now. That should give the next few announcements the impetus to move this one off its lows.

    We stand at an interesting juncture with EXM. The resource is going to be lifted, we know we have excellent ground with high grade shallow gold, and lots more drilling results to come. And Alex has said on the last BRR ann that they will be slowing down the drilling and announcing the next steps in the program. All exciting stuff for this little gold explorer.
 
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