GREY:KIRRF - Post by User
Post by
@ventureon Feb 24, 2011 8:05am
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Post# 18185634
Kirrin Resources annonces lost pond drill results
Kirrin Resources annonces lost pond drill resultsCommenting on the results, Kirrin CEO and President Derek Moran said,
"These drill results have not met the objectives set for uranium
exploration at Lost Pond. Kirrin has a full portfolio of projects and
it is unlikely that Lost Pond will compete successfully for future
capital. We shall take a write-down of $431,000 in Q4 2010 to reflect
the recent results."
Probably won't help the share price...