Friday, December 07, 2012 12:47:51 PM
When a company’s drill results are presented to the public through news releases, the tables which contain the results from each intercept are presented in the press release. There are several pieces of information included: the depth (beneath the surface) at which the intercept was encountered, the thickness (or width) of the layer, and the concentrations of various minerals which are discovered during analysis of the results.
But, SRGE just states they have found the highest grade ore ever found in Mexico (what a joke) and just gives a number (high-grade gold of 268 g/t) which is unacceptable to the sophisticated investor. Where are the assay results - SRGE manages to have a press release every-time they have a imaginary meeting - how about something of substance???
Here are a couple of screenshots from a search of gold mining company press releases about intercepts. You will see a big difference in how a real company does press releases:
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM