From the MD&A1) The Company has decided to renew its focus on regional exploration in 2023 and to conclude the definition drill program at the Barry deposit due to challenging market conditions in the junior gold mining sector and site operational constraints, such as power supply using generators.
Comment: If you drill at other remote locations I would think power suppy is also an issue. Hummmm, make you wonder.
2) There was no exploration drilling activity at the Gladiator deposit during the quarter. The Company received all pending assays from 2022 drilling campaign and is updating the geological interpretation. Detailed engineering work will be required to submit a permit application for the construction of an exploration ramp underground to the provincial authorities.
Comment: Tannin, doesn't look like the best deposit they have is going to have anything further done on it in 2023.
3) The Company has revised the scope of the expansion for the Bachelor Mill Complex at a daily throughput of 1,800 tpd (compared to 2,400 tpd in the original expansion request) and maintains the same capacity for the tailings management facility (“TMF”) of an additional 8 million tonnes. A third set of questions was received from COMEX and the Company is reviewing the document and will provide answers later this year.
Comment: Tannin, there goes your mill expansion permit being recieved in 2023. Not to mention there goes the stock price increase and financing you were saying would happen once the permit is recieved.
I'll ask the same question I have asked for the last 5-6 years. Exactly when are things supposrted to get better? While I'm at it I may as well get this one out of the way also: "It's going to be a long winter for shareholders"