RE: RE: RE: RE: FWIWThisBSagain, you're kidding right.? Anyone that follows this stock is well aware that the resource estimate is expected in q1/2012. Infill drilling is scheduled to be completed by the end of next month. From the CIBC report...
Share Price Catalysts
Continued news flow from infill drilling within Magambazi Main Lode and expansion drilling from the Western, Cave, Central Contact and Southern Gneiss Lodes.
Release of initial resource calculation for the Magambazi deposit expected in Q1/2012.
News flow from drilling at targets north of Magambazi, along the MK trend: Kwadijava, Kwadijava South, Kijani, Majiri Bomba or Majiri.
Revision of initial resource within the next 18 months, including an increase in the total ounces and upgrading of some ounces from the inferred to indicated category.
Compilation and release of a Preliminary Economic Assessment (PEA) for the Magambazi deposit expected in June 2012.
Potential acquisition of project by another major mining company; we expect that the number of ounces defined will need to exceed 3 million before the company becomes a viable target for acquisition.