Bring em onWe're overdue for the drill results now. Hole 29 on vector 16 should have been easily completed by the last week of november. Given the 200 meter step forward and the distance between the end of hole 16 and the lines indicating the extent of the anomaly hole 29 would only have extended 800 meters at best. If drills 2 and 3 started turning closer to the 15th of october then the end of october the drill turning on hole 29 would also have been able to drill the bulk of drill hole 31 before the Xmas break. Drill hole 28 would extend for 1000 meters plus the distance hole 29 remained in ore... Still it would easily have been completed within the first week of december. It would then have been moved to begin drilling hole 32 on vector 27. Drill hole 30 on vector 15 only started after hole 27 was completed but it too should have wrapped up by Xmas break. It also probably arrived at the assay office before the xmas break...
Ergo burgo. drill holes 28 and 29 are way overdue when compared to the approximately 18 days required to assay drill hole 27. I wouldn't be at all surprised to see assays for drill holes 30 and 31 to appear within a week of drill holes 28 and 29.. The Assayers are not going to be drinking egg nog for two weeks after xmas are they? Maybe our guys did and that is why there is such a delay...
I'm expecting management to opt to expand the drill program to 15,000 meters and perhaps more this month as well. The assays for the two holes drilled on vector 16 could make that kind of a decision a gimmee.. but we'll know for a lot more in that regard when we get the assays. And if we get a bit of luck one of those majors that is hanging around the periphery and reviewing the results before we even get an inkling of them will have determined the extent of their interest by now... The company has previously said it is exploring the possibility for some kind of arrangement with the big boys but one that did not involve diluting its interest in caspiche. Placer used to make a conditional purchase arrangement and then go out and do its due drill and metallurgical diligence.. Maybe that is a possibilty here...