GREY:ADEXF - Post by User
Post by
greenandgoldon Sep 21, 2011 5:36pm
117 Views
Post# 19068594
Promises Promises
Promises PromisesYour closest competitor, Oceanic Iron Ore, is delivering on their promises. On April 6, they announced a 16,000 meter drill campaign with 3 drills. Today, they announce they've completed 12,667 meters, give an updated resource, and drilling will continue through Q3 to reach their stated target.
*
AXI announces an 15,000 meter drill program at Roche Bay (that would have cost a massive $8 million dollars) and it's going to drill nowhere near that number this summer. There's no accountability at this company. They'll drill about ten 200-meter holes and head home for the winter. That's all they have time for with just one drill working.