They are explorers so naturally they will be excited just before...

They are explorers so naturally they will be excited just before drilling, hoping that the analysis and EM work is proven up by the drill bit.

Equally, I spoke to the company on several occasions and they were at pains to point out that the targets could be any number of things...including many things other than base metal bearing sulphides.

I wasn't overly surprised that they didn't hit anything despite being disappointed with the result...this is the way of exploring.

Check the history of SFR up to the point where they drilled that last hole and you will see that were a bees appendage away from tapping markets again when they finally stuck hole in something.