PEA AMISK Hey Bottles.... I think our dear leader said during one of his presentations that Madsen drill results would come out only when they though they had a critical mass of lab results to report. So I'm not sure if any deadline holds in that case.
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Second, I hope we get some heads up on the Amisk PEA. As Clive Johnson just observed at the BTO AGM - companies that report PEA, PFS & FS and need lots of cash are getting punished by the market. Take a look at what happened to RIC when they came out with a PEA on their Wasamac project and it had CapEx needs of $500 MM.
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So if CRJ comes back with a PEA on Amisk and reports it needs $250+MM to develop the project, there is a good chance the market beats up the share price again.
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At this stage I'd rather see them shelve Amisk and concentrate on getting Seabee up and running at 100,000 opy and cash costs less that $800/ oz. If they could just do that, or show a plan that would get them there in the next 9-months, the market would richly reward the shares.
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But alas, these guys have too many balls in the are for the plodders that they are. They need to FOCUS and BUILD, not plod along for 20 years as one of three miners that has been able to stay alive with under 100,000 opy.
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Good luck!