drilling update
Buried in the news release on June 27 was some key text regarding drilling. Probably virtually nobody managed to get through the mass of numbers and data to read this important bit of news relating to the drilling but here it is: 'To date 21 holes, for a total of 3,995 m has been completed predominately in Zones 2 and 3, of these 15 holes have been logged and 11 have been sampled and shipped to analysis, results are expected within two weeks.'
That means that within a week the first results should be released. The company raised over 4 million to do all of 2017's drilling, so there is plenty more to come. Past results have been excellent so no reason to expect any different as we go forward. There are likely some shareholders selling their shares without realizing the company is well underway in their 2017 drilling program (using two drilling rigs) with some relults already pending within the week.