Compiling PortHope Assay Data?Thanks for clearing that up 2guys. I don't know why I though QRm was drilling SMY's property, but that shows why SMY's share price hasn't reacted in corelation to QRM's results.
Just wondering but does anyone know if SMY has already received Assay results for the Port Hope drilling which concluded back in December?
It seems from reading their MD&A that they are compiling assaying data in order to prepare for the 2011 exploration program. Does that mean they already received data? If so, are we to believe that the initial results were less than spectacular and that further summer drilling is needed to target the potential resource?
A bit confusing, but this is from their recent MD&A posted on Sedar and dated March 30, 2011.
The Company has recently completed an exploration drill program at HighREE Island, in the Port Hope Simpson REE District located in southeast Labrador. The drill program consisted of 2029 meters of NQ core in a total of 13 holes. A similar exploration drill program consisting of 3876 meters of NQ core in a total of 23 holes has been completed at the Foxtrot Showing, in the Fox Harbour Zone of the Port Hope Simpson REE District. The Company is compiling assaying data in order to prepare the 2011 summer exploration program.