GREY:RNKLF - Post by User
Comment by
mathandmasson Apr 22, 2019 3:35pm
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Post# 29655913
RE:Drilling
RE:Drilling What you are saying is true in a mining sense. But this is not how you run a public company. You massage your investors like it's your dayjob with reassuring lip service. Otherwise value will not hold. Expecially if you are doing undervalued private placements for operating expenses. You need to do a lot to counter that one. Risks - yes, but PR is life when you are public. Paramount to the value.
arh0070 wrote: I find that it always helps to read the companies announcements ,apparently some members of this bb cant read .The company announced at the end of March (just 3 weeks ago)that they were completing the first phase of thier 40,000metre drilling program in April and that an updated resource would be available at the end of the 2nd quarter .Since deadlines like this with respect to drilling and analysis of large segments of drill core take time and are often late it would seem that results will be out sometime in June .I would imagine that if they hit another Father’s Day vein or other very high gold intercepts it will be impossible to keep that silent and a sooner news release would occur in the interim .Otherwise patience is required .The cheerleading squad is very quiet so one can assume that that they havent hit anything big ,but time will tell .This is very risky business ,as many of the novices who believed the cheerleading squad and bought at much higher prices are discovering .