Post by
miningfundi on Mar 27, 2024 3:51pm
Press release - interpretation
I have attempted to translate the latest news release from geologist-speak to shareholder-speak - hopefully it is reasonably accurate and not too optimistic.
Red Chris: drilling to update the Mineral Resource, which includes East Ridge, has been completed and we can now, reasonably shortly, expect to see the updated Mineral Resource and the Block Cave Feasibility Study, both these technical reports prepared in accordance with NI 43-101. Further exploration of the Far East Ridge area was positive and, in time, this area is expected to be upgraded to a mineral resource.
Mount Polley: drilling continues to upgrade the mineral resource..
Comment by
egss on Apr 01, 2024 2:10pm
Thanks very slow to get new Mineral resource update. Who's selling all those shares this is quite tightly held!!!
Comment by
miningfundi on Apr 03, 2024 3:46pm
The vast majority of recent selling has been by "Anonymous" - who knows which brokers are hiding behind that name. The heavy selling is inexplicable - it surely cannot be short selling?! There has been no selling by insiders.