Whats next for CIO??In my opinion there are a few ways to move forward.
1. Keep drilling - this may extend structure but it costs money, and where do you stop?
2. Mine the resource - depending on the size of the resource this may be a great way forward. Doesnt need a huge resource at current prices. Low cost, near ter, low risk. How to finance? I'd love to see a feasibility on this scenario. It would bring in substantial $$$ in which they could then drill the other 24 targets - hopefully similar in structure
3. Sell the project - with the current gold market as is this shouldnt be out of the question. There is a potential significant upside in CIO with the additional targets, and a potential near term mine to fund the upside drilling.
Any thoughts?