finally....some news !! , page-17

Well interesting that they state they can drill all year round. ... They just need to tell us when the 1st drill bit bites into the dirt and the share price will start to move... IMHO. They are drilling on a ridge not in a valley so I'd expect the drill site(s) is/are well drained ?

From the recent Qtly

"...Drilling is expected to commence in the first week of November 2011, initially focusing on the central itabirite ridge at the sites of the most obvious outcrops, with the aim of developing a JORC-compliant Inferred Resource..."

We are now in the second week of Nov So I'd say we are on a count down right now... If they can drill all year round then presumably rain is of no consequence unless, as you say, a out of the ordinary massive and sustained rain event occurs and floods the rivers. I suppose in simple terms they just rig up a tarp over the small drill rigs they have and drill right through the Rain ??... Who knows...

I'd expect that the rain they are experiencing right now is "normal" for this time of year... So IMHO you should be expecting an announcement (and associated SP rise) stating start of drill at any time now.

All is IMHO DYOR