RE:RE:This TimeI agree Bueboy, the assays will have an impact on many of the decisions Sam and Kincora have to make in the next few weeks.
In my mind I have thought about 4 outcomes:
1) Poor (.1 to .2% Copper)
2) OK (.3 to .5%)
3) Good (.6 to .8%)
4) Excellent (.8% +)
I have not factored in anything with regards to how much gold is found. To my way of thinking any gold found is a bonus!
Of course length of intercepts will also be a factor, more for the good or excellent grades.
If we get assays in the good to excellent range, I think we are on our way to a much higher share price. Poor or OK, I am sure that the Geos will say that they learn more with each hole, but we will have to wait for future results to propell the stock price higher.
Other than direct share price, the quality of the assay results could influence the share rollback, the timing of the ASX listing, the number of shares offered and the price. In a nutshell, much is at stake!
I also agree that we just might see results for all the holes you mention but the most significant and anticipated results are from the mineralized sections of Holes 11 and 12.
As for the raising of funds, Sam speaks of doing an IPO in conjuction with the ASX listing in one of his December presentations.
So now....we wait....
Chip