RE:My thoughts on news....Hi Cipster,
I will break down into 2 parts, one fact and one my opinion:
1. Fact- The Company like all public companies has a legal responsibility to disseminate material news within a certain time frame. I believe it is 30 days, however correct if I am wrong. They cannot sit on something indefinitely waiting for a change in market conditions or the gold price. Further a Company would not neccessarily want to due to potential of insider leaks and insider trading. See comment below.
2. Opinion- A company has some flexibility in timing. My guess is they want sufficient results back to make the PR as strong as possible. If it is good, they want very good. If it is bad (doubt it) then they want marginal. On top of this, delays due to COVID are extensive and vary among different labs. Some other juniors have been quicker however some very delayed also. There are a lot of juniors doing a lot of drilling these days. I do not think there is anything nefarious here but just a painful delay.
GLTA