The FutureJust thought I would add that yes I tend to bash management a bit - for wasted time - but anyone buying at these levels
will be very happy 12 - 18 months out. When the sun shines everyone starts looking better. Reading the latest reports I have on hand shows there are lots of moving parts going on. This project will prove to be huge. Now I would much prefer they had 5 deep capable drills going for a reduced timeline but it is what it is.
Once some good drill results come in the share price will respond. With additional good results I suspect a major will buy in for a portion. My one concern is how they fund the proposed mill. Debt is preferred. We will see.
Some quotes from one of the reports:
"Upside potential is immense. In the mine area, at least three structural corridors were identified to the west of the Tuvatu lode system, and two more corridors were discovered to the east. All structures appear to extend to depth in the same way. Other than the Tuvatu resources that appear to be located near surface along two of these structures, which helps support the argument that they are important, there has been almost no work completed on any of these targets. Similarly, the deeprooted structural corridors revealed by CSAMT elsewhere within the Navilawa caldera (Banana Creek) occurs in conjunction with high priority gold targets identified by BLEG stream sampling and high-grade sampling and prospecting results."
"Tuvatu has potential to be another world class alkaline hosted gold deposit like its look-alikes – Porgera, Lihir, Cripple Creek, and of course, Vatukoula. This type of deposit is quite rare globally. But they are related to alkaline magmas that come up through the ground, and these fluids carry a lot of gold. This suggests potential for Lion One to be sitting on tens of millions of ounces of gold".