GREY:OGLDF - Post by User
Comment by
sesses3on Nov 01, 2011 9:20pm
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Post# 19200481
RE: BREAKING NEWS
RE: BREAKING NEWSSo they put out a press release to announce that they've collected some samples but haven't yet gotten them analyzed? If they follow their usual pattern of delays, we likely won't hear about it again until a year or two from now, anyway.
Meanwhile, the wait for the new resource statement goes on. I'm now expecting it not to be complete until late Q1 2012, since they'll likely want to include all 2011 drilling results (not doing so would likely cause the estimate to be way below their target of 1 million ounces, and hence the promised "interim" resource in 2011 has probably been silently killed).
I own Otis stock, by the way (and much to my regret).