Re: Cedar's late-night Conference review
in response to
by
posted on
Jun 23, 2008 06:15PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
>>Any other explanations?<<
They evidently were disappointed by the response to previous releases- traders were looking for "the big one", which is not what you get when management is systematically drilling in order to delineate a deposit. You keep drilling farther away until the results are not very good. This was interpreted by the market, and people like pukedog, as "bad results". So according to management, they will not release any more results piecemeal.
What I'm hoping for is a very large set or sets of drill results with accompanying text (and maybe visuals, such as a map w/ drill results) that says "Here are the results, which define X number of veins of Y width and Z depth and concentrations averaging Q oz/ton." In other words, something that will give a much better idea of exactly how much gold is there- at least in the areas being drilled.
And I do wish they would get it out soon!