RE:RE:Reducing the Rigs in nice weather aint a good sign.
Red, we know this important point 'mineralized footprint area of approximately 540 by 385 metres'. So yes a couple of holes to the south were dry. So what? The body is clear in the other directions. I'm sure some smart people at RMC and Freeport have figured out roughly how big it is, and per the one local article posted, where they are probably talking to locals doing the work, it may be pretty big. What was that estimate again? Does anyone else have sizing estimates at this point from their own models or the analysts covering this? The more we know the better.
To me it is likely one drill is still turning because if no drills are turning that would mean Freeport could be accused of not working in good faith toward the BFS, and possibly put at risk their 20%. Clearly they want to own 75%, and are staying in the BFS game, but also probably negotiating knowing more than we do at this point, per other credible posts on this board. Not wanting to drive up the price of RMC further. That is the most likely case I think. But hey, who knows, it is definitely a gamble.