Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Savary Gold SVVYF

"Savary Gold Corp is a Canadian exploration company. The company operates in the operating segment of acquisition, exploration, and evaluation of properties. The group is focused on the exploration and evaluation of its Karankasso gold project located in Burkina Faso, Africa. The property includes five exploration licences totaling around 688 square kilometer."


GREY:SVVYF - Post by User

Comment by aweighon May 28, 2015 12:57pm
88 Views
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 !
<< Previous
Bullboard Posts
Next >>