RE: Nov 15 MD & A calls the Coal "non-material"It seems they did only enough work to make a resource estimate capable of converting their expiring exploration license to a mining license ... at least for the immediate area. A very large piece of ground between Shivee West and Nomkhon Bohr was lost .. along with the Khargmatai/Manlai abandonments seems like ETG had more on its plate than Mongolia wanted.
The timing on slow release of the summer drilling is odd ... why so long for cores pulled in mid-summer?
Anyway, we have such excellent prospects for substantial increases of the value of the JV at either end, that to me is the key to ETG, a free spin on the 100%, coal prospects, the other/elsewhere portfolio, and the JV, even if delayed, isn't being fully valued and has great upside. The key, notwithstanding all the frustration about waiting, is a solid, almost-assured to grow asset, plus and exploration portfolio. Can't say I get very excited about the Ann Mason ... but hey, surprise me.
Hang tough is my best proposition.
CG