RE:RE:RE:Remaining holes?RYUcan,
NR of 15 March 2018 discussed the 14 holes (out of 27) for Zone 2. Comments:
- So, 13 (not 23) holes remain to be reported?
- The most of the 17 holes results are infill so they will add the ounces, or improve the accuracy (interpolation) of the RE for Zone 2. The smaller number (~4 holes?) are step-out drilling that seem to extend the mineralized zone toward the west by about 100m, but I am not sure if they would add much (quantitatively) to the RE. May be, these would help on the inferred resource, since their gaps are wide.
- Similar comments are applicable to the missing 13 holes. They may help the RE, but in the big scheme of thing, the effect would not be significant if Zone 2 is not as important as Zone 4. If they wait for the results to be available to be included in the 43-101 report then we would face further delays. The strategy seems to be that they release the RE with the data they have (quite a bit of data). The rest coming from the 13 holes could be used in a side discussion, or in a "footnote" that says
....the "additional drill results (not included in the calculation of RE) seem to suggest (?) that Zone 4 and Zone 2 are connected, or open at depth, blah, blah". Note that I just made all that up to illustrate the point.
The company would need to be careful with wording not to violate the NI-43-101 reporting rules.
Cheers,
GH
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RYUcan wrote:
Yes, sale sale....but if the 23 holes can significantly increase the RE and/or continue extension of zones then the sale price changes. Just reaching I guess. If they hold no significance and will not affect SP then why not just release them. At least more info for shareholders to dissect. JMO. Will not be going anywhere and will try to add on monday.