Regarding Drill Program Updates and "No News" Some of the discourse surrounding the drilling results seems to be verging on impatient, which is completely understandable. Especially given the recent run, folks are starting to chomp at the bit, pun intended. Additionally, there has been a lot of talk about "no news" which isn't exactly true.
Last year the first drill results came out in August. We need to understand two things about this year.
1. Things are on schedule -As late as June 8 the company has been using language like "a late summer" and "later in the summer" in regards to the commencement of the drill program. Would it be nice to hear an update saying "Hey, our scheduled program is starting"- of course! It's a scheduled program though, paid for, and it will happen when it happens. There was an absolutely ENORMOUS fire, COC 007, which burned throughout June literally next door, so an early summer start to the program is out of the question- would’ve been nice, but categorically out of the question. It will start when it starts, as stated, late or later in the summer.
2. "No News" is not the same as "No Updates" - Another point of impatience is stemming from a "no news" situation. I would be extremely careful about anyone saying "no news" has come out, since there has been a significant amount of extremely relevant information that came out between June 8 and now. Yes, it requires a little more digging and leg work, but it has been coming in at a steady pace- so to say the run occured on 'no new' isnt entirely true. Just some examples
- June 12 - Commercialization announcement of 5g Cesium miniaturized atomic clock
- July 3- Increased tensions in strategic metals- Chinese announces imminent export restrictions on Germanium and Galladium
- July 6- China begins reactivating Tanco for Cesium specifically
- July 11 - COC007 downgraded from out of control to being held
- July 12 Other Cesium/Lithium plays HAVE released results and assays in the interim with significantly lower Cesium numbers- for example American Lithium’s banner Cesium results which was 'newsworthy’ was 1% Cs over 1 meter. (PWM clocked in at 20% over 1 meter).
I can 1000% understand where the impatience is stemming from, especially if you bought in at the high only to see things starting to trend down- but folks need to cool their jets a little. Pressuring the company to issue an update along the lines of "we have no updates, but here is an update" isn't helpful. Hang in there folks, and take of yourselves <3