RE: 7-31 repostFair enough OB - I'm not writing off either you or SA. The one thing that hasn't been mentioned is that part of the market reaction to these holes may be the fact that they (for valid reasons) are drilling in the thick of the Newmont work and not "adding" anything. No doubt BM would throw a brick at me for that sacriledge but look at it it this way - Kevin ( a clever fellow) pretty much nailed the grade length on the last couple of holes based on guessing from old holes they were drilling by or through. I did pretty much the same thing as assumed the market would not jump for joy over learning what it already "knew".
The message, I think, is that it might take a hole like one of the first four that is drilled on one of the targets that HASN'T seen past drilling to really kick off the stock. That is a much riskier exercise and I appreciate SA wants some of their own holes in known areas to get their own interpretation of the system before they run off and wildcat. It might be what alot of the big players are really waiting on however.
You said they are planning sokmething like that a few holes down the road did you not OB?