SPQ 0.00% 0.7¢ superior resources limited

Ann: Lucky Creek RAB drilling assay results, page-23

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  1. 126 Posts.
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    Yes that was probably a choice of word that in hindsight could have been different. But we shouldnt lose track of the fact that this company is being run in a very prudent manner by very capable people. These same people may not have the attributes for writing a brilliant release but they are honest and factual. Their attributes are where I see that we need...experience and enthusiasm .People who for some years rather than drawing an income took shares in the company instead. What a show of faith. How many stocks do we have on the asx where management has shown the faith they have in their company by accepting lower than average income THEN instead of taking that income replaces it in shares in a speculative (at this point) venture to preserve capital for exploration? Would we rather they used exploration funds to hire someone who will right rosy statements instead of using that money where we really want it used.? Certainly I am confident that we are 1) in the right area 2 )have the right people running our company 3 )are getting the results. Nothing in mining exploration happens quickly and those impatient to see brilliant results quickly will form the 90% of impatient people that miss out on the real return.
    'Also as for the website... I for one would rather the concentration be on organising drilling and getting results clarified at this time...AUZ was a classic example of this...everyone complaining about their website while the real work was done that brought shareholder value.
    As for the release itself . I am of the opinion that a number of people did not read entirely through it. The grades seem roughly comparable to other results from other cobalt explorers and certainly give me confidence in results from the continued drilling. I am confident we are on the right track but DYOR. and that includes reading through the release and comparing our initial result to those of other companies in our area.
 
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