RE:RE:RE:RE:Geophysical Survey No doubt the potential is there. Just looking at the peanut lake area in maps of the company presentation, leads me to ask and I am wondering who could suddenly be requesting such additional survey on what we thought was, and preached to be, a well understood deposit....somebody wants more information to to add to our apparent "well understood" deposit.
we just went thru an expensive process to see if what was known about our deposit, was grounds for increasing output capacity ( focus was apparently on cobalt but there is gold with our cobalt) to which we have been lead to believe was no the case for increased output, But we have made that finding and it appears that we have done so without full understanding the potential the site has? Again given that our deposits are mix with cobalt gold etc ....I must be missing something.
does this new survey mean that additional drilling will follow or is some one looking to make a deal on the basis of the findings of the survey and we don't really know what's there but indicators will very likly be further good news....where will that leave us?
i guess we don't have a lot of choice, we will define more gold potential and likely more cobalt etc. But Is there a mother load of gold associated with these faults on this site? Some one interested wants to know the potential.
Many smarter than me can put this into perspective but am wondering if we are setting ourselves up for additional drilling because if they find what they think and indicators are there, we won't know fore sure until we drill and that will draw a lot of interest but also take time...unless like I said someone already interested wants to have that potential for themselves. Kinda like buying a good used car without really knowing what's inter the hood. Set me straight please.