Again a drill report which leaves much for conjecture. As i mentioned in my earlier posts when drill results were, the tone was negative to neutral. Primarily negative, but the reason i mentioned neutral was if they have a history of being very conservative. In general, if there is not much detail, more often it it to hide some negative things than to shield something positive. Both previous two weeks results were bereft of any detail, which was a big give away. As a non holder i could see that easily, but i admit, if i were holding, and wanting the best, the thought that they are just being conservative, would have definetly come to my mind - how i would have acted i dont know. Todays result is similar in tone - from negative to neutral. As mentioned before, i was waiting for results to get in, but frankly see nothing at this stage.
For holders, i hope something positive happens, which i will not rule out completely. I have a feeling many have been caught and never wanted to be in this situation - holding big amounts on drill results. Hope was that sp would be in 50s or 60s and either get out or reduce holding. Maybe the days of Selling before spud or results is gone as it does not rise as much and punters want results - not always but more often now.
RIA Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
