Renforth put out another press release on its Parbec project on the 9th of December. This steady news flow should, eventually, catch the market’s attention.
As always, CEO Nicole Brewster’s note to the press release gives investors the context they need to understand the dry facts of the release:
“Before we started the current drill program, which has drilled more than 8800m this fall, with the 25th hole finishing today, Renforth had drilled 37 holes at Parbec, with each one returning gold.
So – our streak continues! (we are at 40 now)
The first 3 holes in this program have been successful, mind you the third has only given us the first bit (39.5m) of the hole, and we have MANY holes still to report on.”
Like many other companies drilling this year, Renforth has had very slow results due to lab backups. Unlike many juniors, Renforth decided to switch labs. With luck, that should speed up the processing of Renforth’s drill results.