I haven't read any details of the proposed campaign. If drilling starts in April it's unlikely to see any firm results in early April. They might report visual sightings and/or basic field assays but presumably the drill program will run for several weeks which will dictate timing. Then the drill cores need to be sent to the lab for assays, if they send first cores immediately then we might see first reports within a few weeks of commencing. They'll probably do that if they're planning a lot of holes but if a small campaign it might be more cost effective to send as one batch which would delay first results.
That doesn't mean Mt Ringwood won't drive any action in the meantime. For one thing prepare for the orthodox buy rumour/sell news action aka pump and dump. If that's on the cards it needs to be set up whilst drilling is happening. Also if it so happens that there is significant gold in the cores there is likely to be some form of inside buying from the various stages that handle it through to announcements.
The other area of news I was wondering about related to Tanzania. I was under the impression we were expecting some news?
MOX Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
