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news drilling update, page-79

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    Wondering whether you guys are dismissing the announcement a little prematurely. First line of Highlights says:

    "Revised resource estimate to follow current analysis" and just below "RC drilling campaign is part of Excalibur's plans to upgrade existing resource base prior to commencing engineering and feasibility studies early next year."

    What do you want?

    They've communicated where they're up to, accompanied with the detailed drilling results and their next steps. The only thing missing is when we can expect the new estimates, however we get that from the Mining News article:

    "marks a significant move towards pre-feasibility with a new resource estimate expected shortly"

    Having held for just a few months and gather this company is trying to shake off notorious past for slow progress, I'm willing to give them a few weeks to announce the new estimate now that the hard yards with the drilling have been achieved.
 
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