4CE 6.25% 1.5¢ force commodities limited

Ann: Kitotolo-Katamba Project Drill Update, page-32

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  1. 1,362 Posts.
    lightbulb Created with Sketch. 775

    Hmm...could it be that the information already has leaked?


    in Ann 21/8/18 we were told “all site works completed at Kitotolo in preparation for the 15,000m RC drilling program to commence upon arrival of the RC drill rig in early September 2018.”


    Early September 2018...


    in Ann 17/10 we were told drilling at Kanuka was completed for 45 holes and roughly 2,700m of drilling. Seems we fell 5 holes and 300m short of what was planned, so could this potentially mean that we got to Kitotolo earlier then expected? After all, we were told in Ann 4/7/2018 that drilling at Kanuka had begun, and then in Ann 21/8 we were told that 29 holes had been drilled for 1,740m aka 29 holes and 1,740m drilled in 7 weeks. In today’s Ann we were told that 70 holes for 3,200m has already been drilled at Kitotolo! So either drilling is a lot easier and a lot faster at Kitotolo, or 4ce may have started drilling at Kitotolo earlier then what many of us thought. 


    In early September 2018, on September 4, the SP rose 47% on pretty significant volume for 4ce. It continued to climb all the way to September 12. In 9 days the SP nearly bagged...all the while leaving us wondering why? Wondering what was going on? Perhaps this was the Kitotolo leak..?


    100% speculation and guess work


    IMO


    GLTAH

 
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