RLC 0.00% 0.2¢ reedy lagoon corporation limited

Ann: Becoming a substantial holder, page-17

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  1. 697 Posts.
    lightbulb Created with Sketch. 43
    Read my post just after AGM. Or one of many by regular posters. Its to do with diamond drill versus reverse circulation drilling. Reverse circulation drilling is quicker but builds more pressure in the ground the further you drill down, unlike diamond. But diamond drilling takes longer, hence the 2 month timeframe. Just look at CAD and Nevada Sunrise, collapsed holes can leave you weeks behind and more $ outlaid.
    The drill rig for every hole at the same time is not feasible. Read former posts.
    Results to get back from lab will be about 4 weeks.
    Ring Geof as all this was explained at AGM.
    cheers
 
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