From David the CEOI took the time to email him - This is his response - GL ALL
Hi --------,
Thanks for your comments. The first 2 holes were published on October 18th which is just over 2 weeks ago.
I’m not going to comment on rumors about results. I can tell you that we are currently running the QA/QC checks on multiple batches of assays. We cannot publish results until this has been done to my satisfaction in my capacity as QP. I have a legal responsibility to ensure that we report accurate technical results, and not simply rush to publish as assays come in. Note that each hole has hundreds of sample intervals, with multi-element data for each assay, to be checked against blanks and standards, so the QA/QC is not a simple task. Rest assured as soon as we have a coherent set of holes to report, that have been properly QA/QC checked, we will publish. We anticipate to have results out late this week or at the beggining of next week.
On the subject of insider selling, the large stock trade you might have seen was a cross between 2 insiders. The net insider share position has changed by less than 1%.
I’d be happy to talk to you on the phone if you’d like to call me on the Serengeti line. +1 604.605.1300
Regards
David W. Moore, M.Sc., P.Geo.
President & CEO Serengeti Resources Inc. SIR: TSX-V | 34S:FSE 800 West Pender St Suite 520
Vancouver, BC V6C 2V6
Tel 604.605.1300 | IR 1.866.460.0408
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