GREY:SVVYF - Post by User
Comment by
aweighon May 28, 2015 12:57pm
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Post# 23774546
RE:Speculate on next NR date?
RE:Speculate on next NR date?thed1983 wrote: Any thoughts on if we will get a) drilling update / progress update b) will assays be released as they complete.... Or are we waiting for a few months untill all holes are done?
I'm wondering the same. They are drilling 63 RC holes at approx 100 M's each and those shouldn't take more than 2 days each hole and they will need to get assays for internal purposes asap so they aren't drilling too far ahead of results. The last press release states that they believe :
"Kien displays the greatest potential to become a centre of gravity deposit with an apparent strike length of close to three kilometres. As a result, drilling has already begun at Kien and will progressively drill test the other zones and targets as the drill moves southward. Once the first pass of drilling is completed, assay and drill chip observations will allow for follow-up of the best zones identified to date.” So I'm thinking that they will get assays in batches of 5 holes or maybe 10 so if they start hitting at Kien they can stay focused on that structure and hopefully begin drilling off a deposit. If they get good assays is there any reason not to release them ?
I've never seen a junior exploration Co. hold back good news !
It's probably still too early for assays but it's never too early for an update !
The stock is perking up a bit and that's usually a sign that things are looking ok.
The drillers mothers always seem to be the first to know !