AOP 3.13% 33.0¢ apollo consolidated limited

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  1. 751 Posts.
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    I have to disagree TC.

    If you read the announcement it states they are back there this week to drill another 4 holes..
    This will be done under the original POW application that was submitted to DMP for the round of drilling just completed and although it will be somewhat restrictive it will essentially allow them to drill in and around hole RC161.

    It's also worth noting that visible gold was also reported from that hole in the presentation document!!

    So in fact there's every chance that they could actually have some pretty good indications within a week if they can hit similar intersections.

    It will obviously take longer for the assays but if there's visible gold in some of these holes (and they'll be looking) then it's game on again.

    You're right though it will take a few more weeks to get approval for a more extensive drill program as the announcement today stated to but I don't think we'll have to wait till December to find out if there's more high grade intersections down there...

    That's exactly why the stock closed higher than it opened because the smart money knows they won't have to wait till December to find out.

 
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