Re: They say more than they say...........
in response to
by
posted on
Jul 20, 2008 05:16AM
As far as I understood from talking to somebody in the company, the two main good news that were supposed to be read between the lines were:
- that mineralisation came to surface
- that nickel was found in the lava
These two points were confirming the presence of nickel both in the first dicovery and at depth (the two monsters lying deeper as seen on the 3D diagram).
Chronologically what we should see is:
- first a report of a high grade mineralisation found at depth
- second, a 43-101 of the first discovery zone before year end.
So I guess even the first next announcement might take a few weeks. As we have seen, the insider's selling (none other than the big boss himself) shows that he takes his time to play short and come back before the announcement. However his selling is not an indication that he is running away with the money.