Latest drilling results -- the group of eleven -- just announced, all referring to shallow or quite shallow levels can be welcomed as being in line with the best expectations of management (as per comments by IR when I called just after the PR came out). The next event will be the group of 19 results which will complete this round of thirty samples.
It must emphatically be stated that the thirty samples (plus the earliest round) cover only a tiny part of the mineralization of the Pinguino discovery, which is quite exceptionally large, and deep too. The next step, in fact, will be to investigate what values emerge at rather lower levels. The company cannot control exactly how much time will be taken by Acme to produce the results, but it should not take too long.
On the latest batch of eleven, the results were strikingly positive for indium and for silver, which emerges as predominant with respect to gold, even if some of the values for gold were themselves very good. In addition, there are the values for zinc, lead and copper, which were better than those for the first group of samples.
All in all, these results were very satisfactory. the reaction of the market seems to reflect insufficient knowledge and insufficient capacity to understand the implications for the future, which have to evaluated very positively.
The numbers of shares outstanding, on a fully diluted basis, are quite incredibly low, not much above 20 m illion, and there is practically no short-term debt.
Greetings to all longs,
alj14
Market Data 
Markets 
AI
