RE:Resource EstimateIf true, I am totally fine with that. Would love to see a massive summer drill program in 2016 with both a bunch of expansion on all existing pods and a search for new zones!
A very late Resource Estimate in 2016 or early 2017 should mean the assays from this Summer would be included (at least on expansion holes if planned carefully).
The area has an enormous amount of U now, so hurrying tfor FCU o try and add 40 million pounds to a RE doesn't make a ton of sense for purely a number reason.
Let Ross and his technical team use recent drilling and the massive aerial survey update/tweaks to patiently and efficiently (this is cost effective) target the right spots......Once the 840W and 600W zones are expanded and "understood' and reflected in the pounds, the RE looks that more significant and then can drive an updated mine plan and Economic Assessment! No real benefit in doing it 5 times over, every 12 months or so, if it keeps changing in scope and in strategy so significantly and shallow under-land high grade that is a game changer not fully explored or reflected yet ..... takes time and, I for one, would like for the cash to spent wisely......at these U prices and with current U sentiment, no massive hurry IMO.
There is momentum in the area and hopefully spot/contract prices start to make a more significant move - then BAM a nicely updated resource estimate highlighting shallow/high grade and indicated pounds will hopefully be appreciated by a less fickle stock investor...
We still seem to be at a resource/energy bottom or very close, with a recovery maybe just having begun (gold, oil bounce, etc). I think patience is the key here...