MAR Buyout Done & Then The NewsA friend and I were talking about the....possibilities here this past weekend. He was obviously excited at the prospect of a newly updated 43-101 for their Leprechaun gold deposit and thought that release to be imminent. I reminded him that NOTHING will happen until the MAR switcho-chango has taken effect and that will be another couple of weeks, I'm guessing. As the operator of this project, it will be their call as to when that announcement takes place but again I'm guessing that it will be released when it is ready & advantageous to the JV first and foremost and when they're ready for it, secondly. I imagine that right now they have many things on their plate and until that is taken care of, I'm not looking for any news releases regarding gold at Vlake. Of course we played the guess how many ounces the new 43-101 will have game and he also guesses around 1.5 to 2 million ounces, mostly because of that 440k ounces they had to start with at the high cutoff and with 2 successful drill programs added in to that. Other than that, he thinks we'll see it by the end of the month and I probably agree with that. Anyway, the days left in the 4th quarter are quietly slipping away and are moving us all closer. Hopefully, it'll be worth the wait....
Good luck everyone!!!!