The Issue Is The real issue is not whether the drill results released proved in themselves a tonnage or grade increase, is it not the perception created by the drill results released by Canaco.
In my opinion, the May 15th release has to meet the expectations created by the so-called "effusive releases". What does the word "Spectacular" imply to you?
What about the release as recent as March 16th, 2012:
"Canaco Reports Additional Drill Results from Magambazi-59.4 Metres at 3.98 Grams Per Tonne Gold, Including 7.7 Metres at 12.13 Grams Per Tonne Gold"
If this was not material information, then why was it released? The natural perception is that it was intended to suggest significant results, was it not?
I would appreciate hearing the opinions of others.
Garth King
P.S. We are a little over a week away from the big day.