GREY:ALXDF - Post by User
Post by
LRGreturns4meon Jun 14, 2017 9:06am
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Post# 26360333
Drilling and more drilling
Drilling and more drillingI am giving up on my desire to see results from the blue-sky drilling at Triangle Too (Maybe they drilled dusters, maybe they decided to focus on Orenada). I think they are putting all efforts at Orenada based on the line referencing a new 30,000 m program to begin this month.
The 30,000m program should provide sufficient data for a new RE, which should catalyze investor sentiment. I am not interested in the day to day moves of the SP, I am more interested in what will come long term. Spring will bring a new RE, hopefully indicating that my decisions on AZX were wise. Meanwhile, I will hang out here on occasion and listen to others share analysis, thesis and ideas. I’ll spend my time working on my own RE calculations to validate my risk in the AZX investment.
What kind of activity can we expect at the JV properties in the second half of the year? Any ideas? GLTAL
LRG