DRM 1.80% 54.5¢ doray minerals limited

Ann: Quarterly Activities Report, page-20

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  1. 224 Posts.
    lightbulb Created with Sketch. 20
    As usual with Doray annoncements, more can be learned from what is ommited.
    Yes, 11g/t development is good for Da Vinci but why no tonnage, or metres developed? Is it because if they said it terminated at the fault after 40m people might start to get nervous? The diagram of the proposed Da Vinci drill drive shows how short it is.

    Also as usual no guidance for next quarter, continues to mystify why?

    Getting over-exuberant now by looking at a snapshot in time will leave many optimists unstuck
 
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