RE:RE:RE:RE:Expectations 43-101letsgetready wrote: I take that to mean they are expecting a good resource estimate that doesn't need proving up too much AND likely they are expecting a take out offer. the 30 infill holes can be used to upgrade the resource or drill more high grade on the conductor to maybe elicit higher bids.
This is a very good point that I hadn't considered and it is very good news. If they thought that the maiden resource estimate was going to coming in low, they would have planned for more infill drill holes. If it was really low, they would have done all 60 as infill drill holes - or even higher.
Excellent! Although, they could always just adjust that ratio before drilling starts.
Does anyone know how closely FCU management would work with the 3rd party creating the 43-101? Would FCU have day by day updates on the resource analysis while it is being worked out?