nice little co, page-51

I've had a proper look now and have come up with zilch. They have been pretty tight lipped about the Rembrandt drilling program- good historical grades but small down-hole strike lengths. I suspect they don't want too much expectation around it as it could be a fizzer if they don't find any longer strikes.

I guess we'll only know once they announce. This statement is from Option Agreement announcement dated 16th Sept:
o Aiming to delineate a near surface high grade resource amenable to open cut mining and for toll treatment at local processing facilities

If you read into that statement it sounds as though they are not planning on drilling too deep - maybe they have planned to drop a deep(er) hole every so often just to try their luck. Who knows.

They have a month left to work out whether they can afford the $1.00 option agreement to acquire %100 percent of the project - I'm sure they are pushing to get as many holes in the ground as they can in that time.

Cheers
Nod