EXPM:HRTFF - Post by User
Post by
BigIsBeston Sep 12, 2016 10:55pm
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Positive news release
Positive news releaseI look at today's news release as being positive. The first thing is that the bulk sample is as previously predicited. It would have been nice to have had a surprisingly high g/t but at least they are as forecast.
The good parts of the news release are:
1. "...intersected in both directions". The wording in the news release has been messed up but the implication is that the holes drilled to date have hit the ore body, both at the north and south ends. Waiting for assays.
2. "Harte Gold is contemplating the addition of a second drill rig to the program". This is new information and my interpretation is that management is waiting for the assays at the end of the month before making a final decision. But, IMHO, they are saying to us they are expecting good assays, justifying the use of 2 rigs in the next phase of drilling.
3. 'Drill results are expected by the end of September". This is what I was expecting but at least we now know for certain.
Looking forward to the next (real) news release. GLTA.