<by now, results should be already known to insiders,>
Eric, the company has an obligation to release results immediately, with consideration only of the time needed for preparation of the release.
Sitting on drill results, good or bad, is a complete no-no.
It is entirely possible that St. Jude has instructed assay not to forward results piece meal so that St. Jude will not be required to release partial results. I trust that they are hoping for an opportunity to present an initial reserve estimate which can only be done with enough holes assayed to present a realistic picture to the market.....face it, our market is justifiably sceptical.
I would also submit that the "Insiders" are already positioned to take full advantage of what they currently expect from Ghana. I doubt if this is just a trading opportunity for Insiders. We really have something here. Long, Long, Long.
With New York only a few short days away, and St. Jude involved in some high profile meetings, it makes sense for them to present information on Ghana that leaves less to guesswork/hype and more to substantiated calculation . This will take more than another 75 meters.
I am also anxious, but would prefer to digest a comprehensive release.
Respectfully, Aristotle. |