re: News: MD John Heugh with Julian Malnic - C... Agree with comments that the best decision has been made. Comments that they should "blindly" (qualify that it wouldn't be completely blind but certainly not with the best information) step out a few hundred meters and drill the horizontal in opposite direction over simplify in the extreme. Particularly when company say they expect at this stage to drill 5 holes over a 5km2 area.
The one point from the last interview which is somewhat a slap in the face for investors is this (for me at least). To carry out 3D before further drilling was always going to be the most sensible way forward. However this of course not the most exciting thing in the world. And company was in the middle of a CR. JH makes note in the interview that raising capital for 3d is always going to be difficult. Not saying they deliberately spun a story for the sake of the CR, but it’s certainly not a good look.
Cheers, vaga
re: News: MD John Heugh with Julian Malnic - C... Agree with...
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