Any new from the new minelab sdc 2300 from last update 31 JAN???????

[QuebecAt]

n/t

 

[lytle78]

Mid April release date according to Minelab. Doubt there will be any news till then.

 

[QuebecAt]

Thank Rick

 

[QuebecAt]

Mid April release date according to Minelab ??

Minelab is pleased to provide further information about our exciting new SDC 2300 GOLD detector scheduled for release in mid-2014.

 

[lytle78]

This is from Codan's half year results issued to the public last week. Codan owns Minelab.

"In addition, a new mid-priced, compact and fully waterproof gold detector will be released in April 2014."

Here's a link to the report.

http://asxcomnewspdfs.fairfaxmedia.com.au/2014/02/20/01493133-539014987.pdf

 

[QuebecAt]

Great Info RIck!

 

[steve herschbach]

n/t

 

[lytle78]

If it is delayed beyond mid April, it could have a pretty chilling effect on the stock price. Minelab is unique among the detector manufacturers in that it is part of a publicly traded company. If Whites, First Texas or Garrett are developing a new detector, they have no need to show anything before it is ready for sale, and have every reason not to. Pre announcing product can kill sales of existing products.

Minelab however badly needed the SD-2300 out there as early as possible. First because the price of Codan shares has plummeted, and second to try and stop folks buying Garrett ATX's. Having put the mid April date out there, they will look bad if they miss it.

It seems to be a real horse race between the SDC and Garrett's ATX. It makes you wonder if the lack of coil covers and Deep Seeker Packages for the ATX are a result of wanting to beat the SDC to market and thereby rushing the ATX release?

All this has next to nothing to do with actual prospecting - but some of us find it interesting anyway.