This is what we mean by the credibility problemWhy did that news release about trenching not impress the market? Because to anyone who understands gold exploration, the new is screaming "FAKE EXPLORATION PROGRAM." If there is gold all up and down those pretty coloured shear zones just waiting to be discovered, why would they do a trenching program of only 260m? I have never heard of a 260m trenching program in my life. Even if they hit some strong intercepts, it would not provide enough information to even locate one drill hole. They dug their tiny little trenches in very specific locations, hoping to scoop up a little gold dust left behind by the small-scale artisanal working. And guess what? Only 1 of the 3 produced significant results. So even when they dig their trenches where they think they can't fail to find gold, they still fail. The one trench that showed 1 gram of gold was probably located precisely where there are low-grade tailings from the artisanal works. Big deal.
This trench exploration is a big joke, designed to generate 'news flow' without spending any money. What they are actually proving is that either the concession is mostly barren, or they have no effing idea how to look for gold.