I’m crying more than laughing. This release is more a promotional piece for retail and been lots of high grade bornite sniffs over many years. Nothing wrong with promotion. Looks like the hole passes through lots of existing mineralisation to get to potential target. This company should be now well past single hole releases and if they do put something like this out, it should include context for the analysts of why this hole was targeted rather than other shallower drilling out east and all the other things they could be doing and suggested is possible. Also use the release to bring us along with small updates on all the forward looking statements made in last 6 months. Progress on scoping or is this hole an excuse to delay in the knowledge that scoping on high grade starter pit showed it needed an underground leg to it. XAM - let’s get the scoping study out there and what has been learned, positive and negative. Tell us what’s needed to make the project stack up.
XAM Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
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