Patiently waiting :(It has now been over a month since the last news release [Dec 08, 2021]. From what I've read assays results can take upwards of 3 months these days. There was a time when the turn around time was around 6 weeks. We patently wait for assay results on the remaining 63 holes. The last news release was not impressive enough to drive the share price from its all time high of $3.55 to higher levels.
However, the news was not so mediocre either that there need be concern. The SP will likely continue to drop, rebound, drop, rebound and so on until we get the rsults from the remaining holes. I think the last release was positibve enough for much optimism.
Someone wss anticipating that within a couple of weeks of January 04/22 we could be looking at a SP of aournd $3.40. I'm not sure how that person came up with "a few weeks" given how slow the labs are operating but when the results are finally released, if they are stellar, it will make many of us happy I'm sure.
How high will the SP climb is anyone's guess but the fact is the SP hit $3.55 before the December news release. It can certainly do this again as the picture becomes clearer and if some of the holes are really good.
I've read that we may get results sometime in February or early March. Personally, I am wondering if they are waiting for assays from all 63 hotls before a major release.
Until then, we patiently wait as I'm sure management is doing. I look forward for the next drill program to get underway sometime in late May or early June. I would hope we'll get the results back from the recent drill program before then. *lol*