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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Drill results - how long from drill to press release?
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Post by bigdaddycash on Jul 15, 2014 10:44am

Drill results - how long from drill to press release?

Can anyone comment on the rough time from commencing drilling to press realease of results?  I would expect this to vary depending on the size and nature of the drill program but any comments appreciated.  GLTALs.
Comment by goldhappy on Jul 15, 2014 1:50pm
bigdaddycash...lots of variables when drilling holes.Program layout,contract bids, location , setup time , underground development or reconditioning the location, length of hole to be drilled , diameter of hole , the hardness of rock , structure and faults creating blocky ground and slow drilling. These are but a token of the difficulties that may be encountered. To answer your question in ...more  
Comment by goldhappy on Jul 15, 2014 1:55pm
 bigdaddy ...just another thought....if a major discovery hole connects, the news might hit the media right away.
Comment by bigdaddycash on Jul 15, 2014 2:08pm
thanks goldhappy.  if the results are material then wouldn't LSG need to publish them within a specific time frame?
Comment by goldhappy on Jul 15, 2014 4:05pm
I don't know about time frames bigdaddy but it must be kept confidential and the information distributed fairly when it is done. The gold requires assays so even the assay lab must be confidential. Like any business someone may leak to friends or family ahead of an announcement. I say that because stocks often trade heavy before an announcement. Others may know the law and will post to help.
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