RE: Herd MentalityThe share price has come a long way in a relatively short period of time. There is still incredible value here. There is also potential for significant gains in resource estimates... We won't publicly have a clue until the retest of 41 is completed sometime late in november. The assays should come in about 20 days thereafter. if they miss we'll be waiting another 2 months for them to get the next retest assayed...
The company sent the market a message that they are operating a small time drilling campaign on a big time gold property. i don't know why they acted like small time operators here but the management doesn't appear to believe in drilling up caspiche so why should the market... Maybe they will get antsy if they have to do another test on vector 41. It certainly took more than one hole to define the mineralized zone once they hit it on the other 3 vectors, Maybe we'll see some drilling rigs added to the mix but by then most part of the short weather window of opportunity to drill up caspiche will be closing in on them. By then the money will be gone financing will be needed and they'll need to raise millions more to keep the project forging ahead...
A proposed $13 million program and they are deploying just 4 drill rigs and drilling virtually diddly squat as far as meterage goes... I thought all the home run hitting was bad last year but these clowns are looking to outdo themselves again this year as well....what gives with that?