resource update coming shortly, page-8

  1. 15,866 Posts.
    I am rather bemused by the timing of this JORC update.

    My logical process says to me that the coming update is either going to be really good news or its just going to be hohum and ordinary.

    Now if the news was to be really good, and If I was in management, I would make sure that it was out in time to be presented to all those eager holders at the AGM. Wouldn't that be a real smart move? Lots of people would be happy and they could pat each other on the back in person and chat about the results with directors.

    On the other hand, if the news was to be a bit ordinary, maybe the best time to complete the task and release the news is Friday morning once all the visitors had headed for home?

    Am I completely up the garden path on that line of thinking?

    Am also a bit surprised that the AGM didn't get an update on what is now sitting in the ore stockpile ready for processing. There was a flurry back in April or thereabouts when a deal of info came out over the weeks. Since then, there has really been nothing on how the ore pile has progressed. The last quarterly didn't update the numbers that made up the great 104,500 tonnes of high grade stuff. Does that mean there hasn't been anything significant to add about what has been going to the stockpile over the last 7 months or so? Surely there has to be some good news on what now sits there dug up from the ground over that time period?

    Interesting to watch as usual.
 
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