1. Most Discussed
  2. Gainers & Losers
SRI 1.0¢

not far away

  1. matt771

    131 Posts.

    Below is the response re activities from the MD

    To answer your questions in order:

    (1) There will be an extensive update on our and Newcrest's
    activities in our March Quarter ASX report - probably in the third week
    of April.

    (2) We are presently working in the field at Coolgardie
    (having been slowed for sometime by the last big rains) completing
    geological mapping and a surface geochemical survey. When we have the
    results - by Easter - we will make a decision whether to do geophysical
    surveys prior to more drilling. In any event more drilling is not far

    (3) Mining the Mount Olympus Cutback would be feasible if we
    could sell the gold forward at about A$620 - today it is about A$552.

    We will be having a very active exploration program over the next 3
    months, with drilling at:

    * Coolgardie nickel
    * Quinn Hills gold and nickel
    * Broken Hill basemetals and nickel-platinum-palladium
    * Table Hill nickel-platinum-palladium, and
    * Paraburdoo - Ashburton gold (Sipa and Newcrest)

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.