I'm new to investing in junior gold explorers, however with the ever increasing gold price i'm now taking an interest.
Can someone tell me what to expect from the upcoming Obi 3000m -4000m drilling program? Will the company just release the sample results or could they have enough information to update the market with a resource estimate or JORC?
The company seems very confident they have a massive million plus gold deposit, however i'm suspicious the current share appreciation is just the pump before the dump on drilling results, as traders release their position as they know that the company has a further 3+ years of exploration.
Any insight on how the junior gold sector works would be appreciated.
Maxy
ATN Price at posting:
4.6¢ Sentiment: None Disclosure: Held