GREY:NWSKF - Post by User
Post by
goindeeperon Jul 15, 2014 10:24am
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Post# 22746149
Where is the damn resource estimate?
Where is the damn resource estimate?
The resource estimate update will include results from an additional 45,940 metres of delineation and exploration drilling completed since filing of the initial resource estimate, so I'm eagerly anticipating it. However, I'd like to lock in some profits and diversify into a few other juniors as well. Any speculation as to the delay in presenting the PEA? Maybe NES were anticipating that the outcome of the heap leach tests and were waiting to incorporate the consequent conversion of waste rock to producing ore. I can understand that and applaud it if that is the case. However, at this point, I think that the deposit model should be complete enough that updating the model should only take a few working days. Beyond that, the editing of the report should take another week at most. This report should be imminent and I'd like to hear of any real advantages to delaying it any longer than it has.