re: Ann: Further Copper-Gold Intercepts from ...
Very confusing way to put out an announcement.
I cant work out what assays are available or if they are just reporting the good bits to make it look better?
Economic grades ending in mineralisation. A positive announcement for this type of deposit. Good to see gold continue with the copper.
Too confusing to move the share price.
The grades given are good enough for this type of deposit and if are part of something large, we have a mineral deposit.
They need to define what intervals have returned grade in a grade table showing metre intervals. Otherwise its just too confusing to make assumptions based on this data. Based on IP data we have only drilled into the top of it and we need to drill deeper which is why they are continuing after a rig breakdown. MC-5 shows gold grades but what about copper? why are they not reporting it? Or they dont have this data. I dont know. I think this should have been clarified.
Higher grades shown are encouraging, but overall a confusing announcement! I'll keep my speccy buy recomendation because its cheap with potential for major discovery not yet removed. Seems to have bottomed out a bit.
Any other thoughts?
TRL Price at posting:
10.7¢ Sentiment: LT Buy Disclosure: Held
