AEX 0.00% 1.1¢ acclaim exploration nl

soon .045, page-23

  1. 18,874 Posts.
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    re: still no ann??...what's new?siameseparrot Siameseparrot,
    To answer to your Q.
    It has been a month to the day of GM where the Co stated that it was looking at 2 proposals for a drilling plan at DD mine.
    One would think that they would be close to making that decision by now or in the very new future and releasing news on it's plans on when to start cost's etc.
    They may also as inferred by the Co have asses to more historical data on DD mine that would back up a higher reserve rate than the 3.5 inferred which was by the way the highest rate when the Due Dill was done.
    The 3.5 was what the 2 CO’s who did those reports signed off on as being as I understand the at least amount.
    At the time this was done U was about $25 now its $40 so if it was viable then it is even more so now.
    Also at the GM the Co did say the deposit’s where at shallow depths making it a low cost opp.
    They also stated they where in the process of obtaining staff for all parts of the opp.
    So to me I would be anticipating some news very soon.
    Cheers Pete
 
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