Post by
bigdaddycash on Jul 15, 2014 10:44am
Drill results - how long from drill to press release?
Can anyone comment on the rough time from commencing drilling to press realease of results? I would expect this to vary depending on the size and nature of the drill program but any comments appreciated. GLTALs.
Comment by
goldhappy on Jul 15, 2014 1:55pm
bigdaddy ...just another thought....if a major discovery hole connects, the news might hit the media right away.
Comment by
bigdaddycash on Jul 15, 2014 2:08pm
thanks goldhappy. if the results are material then wouldn't LSG need to publish them within a specific time frame?
Comment by
goldhappy on Jul 15, 2014 4:05pm
I don't know about time frames bigdaddy but it must be kept confidential and the information distributed fairly when it is done. The gold requires assays so even the assay lab must be confidential. Like any business someone may leak to friends or family ahead of an announcement. I say that because stocks often trade heavy before an announcement. Others may know the law and will post to help.