Thanks for the explanation Ellendale. It certainly helps me better understand the announcement when re-reading based on your interpretation. Much appreciated.
I don't believe that there is any clamoring for "instantaneous 100% certainty" - just for help in interpreting the announcement. And an expressed disappointment that the company did not see the need for this explanation, especially in the context of a delay based on previous updates. It is after all a market for investors rather than a geologists convention, and as a shareholder I would hope that the company can attract many potential investors at all stages of the exploration journey....not just at the end if and when successful. That will only be done with clear and concise layman's language to summarise the necessary technical language. Most investors (of which most will not be on HC) are mature enough to know that an exploration venture is risky, lengthy, unpredictable and uncertain. They recognise that they are risking most if not all their investment, in return for the possibility of spectacular upsides. They are not looking for 'banking investments'. That does not negate their need for clarity and unambiguousness in company announcements.
I respect your opinions and am grateful for your willingness to provide your interpretations. I would however, like to see it coming from the company as well.
All IMO.
MRD Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
(20min delay)
