RE:RE:RE:vanhoe Mines July 2017 PresentationAs always, the presentation has a lot of substance.
I would speculate that RF understands that he has raised the pole on news impact and is planning to release WK numbers for a defined area either as a formal resource (mentioned for late 2017) or in a block sufficiently large to impress the market. The core photos and logs speak volumes about what we might realistically expect given the stratigraphic setting.
I am personally more interested in the other exploration targets they have been drilling.
The added details about Kapushi are also notable, especially the slide indicating delivery to China. The message is loud and clear. They are re-opening the mine a lot sooner than one might assume from a newly formalized resource and they have customers. 53% Zn conc: that is a real eye catcher.
I really don't see the benefit in selling the properties at this point- IVN clearly has the means to bring these properties to production and sell at a more opportune time. Now would be a poor time in terms of market conditions in my view.