In the October 26, 2020 news release the company indicated that assay results should now return to a 15 day turn around time. If they were to meet that 15 days, the 12 holes in the lab at that time are now 14 days past the 15 day turnaround. Why the delay?
1. Most likely answer is the lab lied about quicker turn around times, and has failed to deliver.
2. Lab met 15 day turnaround (or there abouts), and Tudor is taking time to properly catalog all data from the 12 holes before release. Implies the release is imminent.
3. Lab met 15 day(ish) turnaround, and Tudor discovered something in the results that require follow-up or other activity before release. If so, then what could it be?
3.A) Very poor/odd results that require either a second assay or significant review of the modelling.
3.B) Very good results, perhaps high grade, that requires a second (Fire) assay.
4. Other corporate activity that requires the delay in release of assay results. This could be something such as major financing, joint venture, or buy-out discussions.
Any other possibilities? Comments?