TRT 1.41% 7.0¢ todd river resources limited

Ann: Todd River Gears Up For Major Exploration Push at Mt Hardy, page-3

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  1. 2,582 Posts.
    lightbulb Created with Sketch. 39
    so.... where did all the dud holes come from?
    have they not been reporting these?
    All of a sudden the mineralisation clearly shows as a pipe.
    Whilst it has been a point of speculation due to the breccia style of mineralisation, and the lack of lateral drill testing of the mineralisation, it has never before been illustrated clearly by drill results.
    Please correct me if I am wrong.
    But here we are, a swag of dud drill holes defining the lateral limits of the mineralisation.
    A pipe structure is not good from a mining perspective. Mining efficiency is strongly affected by the strike length, and for this discovery to date it is almost non-existent.
    It explains the very poor support from the market, despite the high grades encountered.
    And it explains the poor reaction to the update today.
    I am one who is very disappointed today by what I perceive to be poor disclosure by this company.

    Gosouth

 
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