Ann: Oak Dam South Diamond Drill Hole Completed , page-9

re: Ann: Oak Dam South Diamond Drill Hole Com... Im actually quite happy with the release and believe the drop was over done possibly due to a mixture of coming out on a bad day and the news not being fully understood by the market..

What impressed me is that they drilled 993m.. The target depth was 650m...

You would normally only ever drill past your target depth if there was any sign of encouragement, if not, then the drill is normally terminated rather quickly.

Secondly we have not yet received the assays yet so don't have any results as such.. Looking forward to those to find out what encouraged them to keep on drilling..

In the meantime however we are moving on to Winjabbi East. This prospect with prior drilling results with sections up to 2.8% copper is more of the reason why I have a holding here and probably why Xstrata is also involved.. With those results coming from a hole at the edge of the feature Im looking forward to seeing what we get when we go straight through it...

Will be interesting to see what the shareprice does from here but I expect it will trend up as people take advantage of this top up opportunity (as I speak someone just bought 50k at .10) and build positions in anticipation of of the more important drilling start announcement at Winjabbi East...