THX Price Direction?, page-11

Nah .. you gotta read the details man, there's NOTHING material in this ANN for THX.

At this point, mineralisation into the THX JV area is speculative only. This is a fact. There has been no drilling, and none is planned.

Program 3 aims to test from their hole SMD164 to the east, in 100x100m targets (SMD164 was the hole that indicated the mineralisation was open to the east and west possibly into the JV land). The Program 3 does not aim to test the JV land. It doesn't even aim to test west of the hole at all.

At this point, only 2 of 10 planned holes EAST of hole SMD164 are drilled. Drilling these 10 holes will be a priority for them as it will butt up to the area they have a well established Maiden Resource for.

The fact is, that the priority seems to be on Program 1 - to the east of the Maiden Resource. And not to the west. Program 3 only does between the Maiden Resource and SMD164, not beyond it.

It's going to be ages before they look into that JV land and report on actual mineralisation in there. AGES!? The PAN thing is absolutely bottom drawer for me. Value-adding one day yes probably but not at the moment.