My Socks Are Still OnWhile 23 meters of 2.8 gms gold is nothing to sneeze about, today's release of assay results are nothing like what we saw a year ago from the main lode. Perhaps this is understandable inasmuch as the latest round cover the outlying lodes rather than the main zone and might be regarded as a bonus. In this regard it is always nice to know that a new mineralised zone has been encountered.
We have seen nothing as yet from the exploratory holes as far as I can tell. That is a little surprising in that it was some months ago that we heard about rigs being moved to other showings on the Magambazi trend.
I have learned from past experience not to try to predict share price outcomes---remember I was the one who picked three bottoms before finally getting it right. Nevertheless, I rather think the reaction to the latest round is likely to be steady as she goes, rather than yipee.