Post by
trader53 on May 26, 2022 8:22pm
Almost 8 weeks since we received last assays..
This tells me that the fence drilling on FMN and LEAR was not successful at extending the high grade zone hit in both areas. You must assume they have been waiting for more favorable assays but have yet to recieve any. . I hope I am wrong as the need to raise money draws closer. Both Peter and Gareth stated wait time for assays is four weeks and rush assays two weeks. Not being negative just realistic. GLTA
Comment by
Westcoastwalker on May 26, 2022 9:20pm
They have a history of releasing holes in batches good with the bad so to speak. I've never seen them jump on just one hole although I would prefer that steady stream of releases. I am thinking they are are attending the Toronto extravaganza June 11 and that would be an opportune time to let the dogs out!
Comment by
ErinBrockovich on May 27, 2022 10:16am
Results are coming. Lots of drilling expected all summer. One or two moderate to good hits will send us above 1 dollar and fast.
Comment by
MuttleyKnows on May 31, 2022 4:38am
Any day now. I think results will be released this week. A little late but hopefully it will be great results. hope you are right on the price action Erin. Over a buck would be nice to see.
Comment by
MuttleyKnows on Jun 06, 2022 5:51am
Sorry guys I was wrong. I thought results would be announced last week in advance of the company doing a presentation in London this week. My broken record is now betting that this will be the week that results are released.
Comment by
MuttleyKnows on Jun 06, 2022 8:20pm
Agreed. Looks like the company is going to raise a bit more money to do some more drilling this year. They need to better define the resource before they can package this company up for sale. looking for a year end or early 2023 sale hopefully As for the results released today. Solid but not spectacular. Builds on what is there which looks like a few million ounces.