Drill results should be imminentI expect (and hope!) that the phase I "delayed" drilling results from the El Mezquite property SHOULD be forthcoming.......anytime SOON. When i mean soon.....i mean in the next couple of days or week.......max. Should there be ANY more unforseen "delays" by mgmt in releasing these "much awaited" results, could be catastrophic for an already depressed share price. Though i don't expect more "delays" in the releasing of this news, i suggest both investors & s/h alike prepare for a possible "curve ball" just in case. As you really never know with this type of mgmt team, which has really not demonstrated to be trustworthy in ANY fashion at this point in time.
So what do i expect from these results? Not much really. You guys know my views on their "B" assets like El Mezquite and have made it quite clear what my expectations are. El Mezquite is no Pino De Plata, that's for sure, BUT it's their second best "potential property" they have aside from Pino at this point in time. So with that in mind, i fully expect the drilling results to be quite tame & uneventful. In other words my dear fellow s/h, don't get your hopes up & set your expectations too high as you might be severely disappointed. As this is pretty much MY expectations from this Phase one drilling, i don't expect ANY significant impact on the stock price UNLESS these results firmly point to the property being a complete dud. Which i don't expect to be the case, but i also don't expect these results to show an economical deposit either at current metal prices.
I don't know about you guys, but i didn't invest here for El Mequite or any other of their second or third rate assets. I'm here soley for the potential of their number ONE asset.... Pino.....that's it. So i would be more interested in ANY update they could have for Pino than for any drilling news coming out of El Mezquite or anywhere else. For me it's Pino or BUST, i suspect it's the same for a few of you also. Any decent hit from their "B" team, would be an added bonus ontop of Pino for s/h like me, i hope mgmt understands this. As i don''t expect ANY news for Pino with the El Mezquite drilling results, i continue to hope that mgmt "gets it" through their "thick skulls" that at some point in the near future, a '"decent" on the Pino situation is both NEEDED & REQUIRED by mgmt.........both by law & for their own credibility with investors.
That's all i have to say for now, my next commentary on this board will come AFTER the El Mezquite drilling results or ANY other material event.
Good luck & God speed