RE:RE:RE:RE:contests, and braggingTotally agree. If they released a resource report today, the market would be disappointed as it would include only some additional tonnage on Dyke 1. What they need to do is a full drill program on most or all of the known dykes, then release a big number.
I would like to see a couple of rigs up there drilling flat out for three months, then do the report. All the soil sampling they have been doing has been for the purpose of identifying the best drill targets so they should be pretty much ready on Zoro to start drilling now. After that, they will be ready to move over to the newly optioned land and start drilling there if they have identifed more targets.
techNy wrote: I asked Keith that same question last week and it's still to early he said but let's see what comes out of this week's meeting. I would for them to prove up as much resource as possible before anything is released. Bigger money.
wilwal wrote: There is no way of guessing without knowing how much more drilling they are going to do before the cut off. At this point, we have no clue as to the size of the winter program.
That said, they may need a 43-101 done in order to establish value for a JV. If that is that case, we could see it soon. If it is being prepared right now, I wouldn't expect to see big numbers yet. They have widened the deposit and have gone a bit deeper I think, but a lot of the exploratory work done so far such as mapping and soil sampling doesn't increase tonnage. I can't see it going over 3 milion tonnes if completed today. That's why I would like to see them do a comprehensive drilling program over the winter, then complete a 43-101. That should return some big numbers.
Broadsword17 wrote: When that 43-101 report is completed we should be open for business!
Hamster, AS , or Willy: What is your estimation of the tonnage that will go on our 43-101