Ulterior motive ? Dose anyone think there may be a ulterior motive for not doing a follow up PEA incorporating the updated Sigma resource and this supper size Trangle Zone update in Jan 2017 ?
“Next resource estimate (Q1 2017) will incorporate an additional 105,000 m (290 drill holes) of diamond drilling at the Triangle deposit (“Triangle”) with an estimated assay database cut-off date of December 31, 2016.”
I do know, if a takeout bid ever came in and there was no compleat update PEA Integra would have the right to have a full valuation done before a buyout could happen.
By that time Integra would have drilled every exploration zone and put out a BFS,, and that would take time.
A buyout bid would have to be agreed upon by Integra. IMO
M2