RE:RE:San Gold Carscallen acitivity
I thought so,
With the hole count now over 200 (rought estimate made on press release additions made over the past 6 years) an still no resource returned that is even close to being economic makes this play a very questionable investment. The company still maintaines the same technical consultants which has returned lessening results over time and appears definant in making a switch to the present time. It is getting more concerning that the project just does not have what it takes and it is my opinion that the project is being kept afloat for reasons which may point to job security more than anything else.
If the next round of deep drilling does not produce results which would be at least multiples higher than what has been seen to be a weakening situation over time, some serious questions will need to be answered by management on the continued exploration expenditures which will be almost impossible to support continuance by years end.
The Deluces must be holding their breath