MXR maximus resources limited

as has been indicated in a few posts, but as a continuation of...

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    as has been indicated in a few posts, but as a continuation of another thread, the quarterly was a huge non event.

    watso cannot be bothered to double check everything, so at the possibility of being a bit wrong - then think about the following.

    watso seems to recall in previous reports, that the sampling program at selheim was supposed to be completed by the end of december. watso recall, comments (probably brr), that the program was on time, on budget. in the latest report, comment is made that

    "The infill sampling programme commenced late last period and continued for the duration of this Quarter. The Company was fortunate that only minimal delays were caused by inclement weather resulting in the programme running on time and budget. Results are being assessed and it is expected that a production decision will be announced in the near future."

    seeing that the program was running on time, then one presumes that the sampling program finished at about the end of december. the results would be assessed on a continuous basis. a few tons (or tens of tons, or whatever) of dirt would be taken from a test pit, and then put through the plant, and the gold would be recovered - and then the dirt from the next test pit, would be put through etc.. this program started at the end of the previous quarter, and it seems very strange, that after 4 months , the company has not given any indication of grade. watso wonders if the test sampling, simply does not confirm previous expectations.

    obviously at doleraine, there seems to be opposition to the drilling, as the company needs to go through the wardens court, in an attempt to get permission to drill.

    as far as the narndee project is concerned, nothing was done on the prospect. watso seems to recall, that at the agm (brr presentation), that mr booth mentioned that they would get this prospect "drill ready". however, nothing was done on the prospect, for the quarter. maybe, the company is trying to farm the prospect out, and conserve funds for the drilling at doleraine (whenever that might happen)

 
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