EBR 0.56% 90.5¢ ebr systems inc.

herald sun reports $3 billion gold, page-7

  1. 2,218 Posts.
    Well good luck to all EBR holders. Personally, I read the 10 September release which was written by PR consultants. It was however, stated to be a 'plain english' redraft of the 4 September release. The 4 september release seem to report the results of hole TR7 which was positioned to test a target indentified by gravity survey etc. TR7 did not reach the basement target, but intersected very low grade base metals 176-214m downhole. The 10 September report mentions nothing about TR7 but states that they have modelled a target at 150 underground. There is no explicit indication that this target was modelled after the 4 September release (the target for TR7 as I understand it from 4 September was 250m underground).

    Grateful if someone could explain this to me.

    angus
 
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