Casey Research Comment on Lamaque Deeps ! Casey Research Comment on Lamaque Deeps !
Feb 1, 2017
What this press release doesn’t say much about is how the drilling on the Lanaque Deep target is going. It is deep, of course, but it's been a couple months now, so we’re hoping for a first set of results soon.
What if it’s bad news?
That shouldn’t affect us much, as the company has nothing but a hope there now. But if they do hit, it could be a game-changer. We like having more upside than downside in a speculation.
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Lamaque deeps Drilling Continues: One drill is targeting this “blue sky” opportunity with wedged holes from a 2km master hole to test the thesis that the Sigma and Lamaque deposits originated from a single source. If proven, this has the potential to materially impact the company.
News in Q1, 2017
One pilot hole being assayed since before Nov 29th 2016!
33rd time ! LOL M2