SOC soco corporation ltd

q2 2014, page-5

  1. 23,919 Posts.
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    jtaylor1

    If you are going to quote me, then at least do it in context and be reasonable

    I still believe Mt Adrah will host between 10-15Mozs of gold, given the size of the structure, the amount of targets, the 16km+ of additional strike and the fact that bonanza grade intercepts are being encountered at depth

    That being said, if management don't explore the asset as it should be, farm out to the right parties and develop it the most commercial way, then how does it ever stand a chance of meeting those targets ?

    Easy to say where is it when no additional holes have been drilled. How many companies prove up 10-15Mozs on 6 holes ? Put 3 holes in each 3DIP target as should be done, then lets have a serious look at the deposit, until then ?


 
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