EXPM:GTARF - Post by User
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AlternativeViewon Aug 16, 2016 8:30am
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Post# 25145092
RE:RE:RE:5 - 10 Day Expectations
RE:RE:RE:5 - 10 Day ExpectationsWinwarrior wrote: You raise a good point. I suspect if we do hear that drilling has restarted that could be a sign that those who saw the results felt they were of sufficient quality to warrant further spending. I would see this as a positive sign especially if any hints are placed in a NR advising of a restart.
They will drill at least 30 holes. None of the holes drilled so far is more than 60 M in length.
900 M drilled so far @ / 60 M = 15 holes done with at least another 15 holes to go. But plans can and do change. I expect another offering, 3-5 days after the first news release to raise money for road upgrades, environmental monitoring, etc.