Still keeping us guessing John Zbeetnoff is being very careful in his wording in today's NR. The completed their 2012 objectives. They drilled their holes, tested their targets, completed BPEM surveys. Wonderful. But, uh, the $64,000 question is ... did their drill cores hit any banded iron sulfide formations containing high grade gold? We're not given a hint one way or the other. We just have to wait for the cores to be assayed, and then we'll know. We can hazard a guess that the results weren't fantastic, because if so there would probably be a leak somewhere and we'd see a bit of price movement. On the other hand, if they came up with dry holes, would they have bothered to extend the Warrant Expiry date by 45 days?
We'll just have to wait and see.