Ann: Semi-Massive Sulphides Intersected in First Hole at Joumbira, page-35

First 35 Last

Share
Profile

Follow
insaf

7,689 Posts.

399

14/03/18

20:12

Post #: 31757788
Share

Originally posted by Hingdog ↑

Well despite the share price dropping, I'm glad they announced the hole today. Much better that we know it missed and can act accordingly than to let the market keep trading on speculation and then dumping the results on market. I've owned shares in companies where results have been hidden and games played by management more worried about the share price than keeping the market informed - take a look at what EUC did in their first round of drilling, announcing just one core that showed mineralisation before dumping the assays on market during the Christmas period. Of course we can never know when they received results, so the Christmas announcement may well have been just bad luck, but when combined with the game of announcing one core pic and keeping the others hidden left me with no confidence in management, rightly or wrongly. Their share price chart would show that I am not alone in that feeling I believe.

In the end, the results will determine what the share price is at the end of this drilling campaign, fluctuations along the way are really of no consequence, except that it gives people a chance to exit or resize their positions according to the progress reports. An informed market is a fair market imo.

Expand

Do you think it was s fair market when people knew yesterday?

TRL Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 31 more messages in this thread...

First 35 Last

Add TRL (ASX) to my watchlist

Ann: Semi-Massive Sulphides Intersected in First Hole at Joumbira, page-35

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects