I wonder I wonder if the lack of news on drilling has anything to do with the sale of the Monarch assets. Yesterday's release could be interesting down the road but certainly was not put out to generate short term excitement.
Maybe they put in some lowball offers and are now negotiating with the attorneys. The Monarch release indicated a goal of selling the assets by February 27th. If you had good results near the property you were trying to buy you might want to keep that quiet while negotiating.
total speculation on my part. But if they could pick up some more promising property on the cheap it might make sense.
Dave wants to get the resource to 10 million ounces before selling. If he does that it will have been well worth our patience.
Best, JM