Funkbunger, what you say is fair enough. I think the beef many of us have at the moment is the total silence from the company after multiple announcements on progress leading upto and indeed half-way through drilling the first hole. By all reasonable thinking we should have completed that first hole a while back unless something prevented it being completed (flooding, drill got stuck, etc) but if that was the case they would have advised. So we are left with an update vacuum, very poor form from management methinks. At this point, I guess the conjecture is the first hole was duster, management reluctant to advise in the hope the 2nd hole ( likely underway) comes up trumps. I can take a duster in my stride, that's life at tis end of the exploration game, what I cannot abide is total silence following a period of fairly regular updates. I has high hopes for the new management after getting rid of the previous, in particular in regard frequency of updates that were sadly lacking before, now I have a feeling of deja vu. By the way, if we have a duster, its already factored into the price I reckon, may hit 0.5c but the area as a whole is still quite prospective so little point in joining the dumpers , might as well hang on. C'mon management, put pen to paper and advise the progress on the 1st hole given the advise previously, quite a while back, we were basically half way to full depth
MRD Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
(20min delay)
