GREY:VITFF - Post by User
Comment by
cigarsailoron Nov 10, 2010 10:14pm
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Post# 17690235
RE: Results should be released when???
RE: Results should be released when???Bajanjohn - my guess is they are compiling several holes for a more comprehensive release. Single drillholes are sometimes released if they are noteworthy but for larger systems it makes more sense for a company to compile several holes to demonstrate a trend or continuity of grade and potential size. There is also the possibility of some strong structural issues related to the results to be able tie the zones together that may need to be addressed before an official release of information. You may be right that they are conducting some re-testing as well. But since the Olive and Shamrock zones may have some potential impact on the total gold resource of Eagle - staff may be developing a model that can associate the zones to present a better sense of the size of the system. I would expect a news release fairly soon outlining their efforts and results to-date. I have considerable confidence in their staff and you are right in suggesting these are honest folks - I am sure they will release only data that is truly representative of their discoveries as opposed to less reputable companies that just release data without regard to what it really means for the future of their project.