Cerro Moro - drill results??Do not get me wrong: I do understand that management of XRC had to compromise with S&P in order to be facilitate the decision of S&P on whether or not XRC will be included in their two indices. Yes, they had to make an early capital increase in order to fulfil the requirement of the S&P indices. Yes, they have let us know how they will spend the money.
But even if they have increase the number of drills at Cerro Morro from two to four drills (as stated in the NR of 7 December 2009) not NR on drill results was published for almost 2 (TWO) months. The latest NR on drill results of Cerro Moro dates back to 5 November 2009. Either there was a mistake by the management or by the laboratory assessing the drill results or the have held back this information on the results of Cerro Moro. This should not happen without good course. The inclusion into the indices is no longer a valid point.
Expecting the NR on drill results of Cerro Moro this week. Otherwise, XRC has to explain why they are not publishing those results.