This is not good news - definately not !!
The original 2 discovery holes gave GXS their original hope and hype - Ideally, you want to be finding coal extensions at the same depths contiguent to the original discovery - expanding the resource at greater depth just off the original discovery has done nothing to advance the exploration program from a future economic standpoint but open up new concerns that the original discovery may not extend laterally but only vertically and into an uneconomical realm.
-Aside from this early already over-hyped but largely insignificant news - The Company cautions against placing undue reliance on the visualobservations of the coal until the results of the analytical work havebeen announced. - Well Good Luck.