Re: Where did we drill these holes?
posted on
Jan 21, 2012 12:10AM
We don't really know that they have only drilled 11 holes. All we DO know is that they only reported some results on 11 holes. And for the 11 holes they reported on, we don't know where they were in relation to anything else that we do know.
I agree with the oilfield analogies that it makes sense to go for the gusher first, but this is gold mining and that thinking may not apply. We don't know, and without a published plan we can't know.
We do know that the geo reports are suggestively positive, and that management is exercising options and buying into the company right now.
Until we can tally more do knows than don't knows we are just speculating and driving ourselves crazy.
IMHO