RE:RE:RE:Roadtrip 2016 questionsDobuldees wrote: So Spring ? Did Dusan tell you how his company was a big whole piece of krap or what ??? :)
I guess you'll give us a full detailed report in the morning, while your sipping your coffee with peace of mind and total satisfaction ! I would guess you'd be up in less than 3 hours from now...
Dobuldees
Sorry came down with a cold and went to bed early yesterday after the meeting, only "surfaced" again now (drip drip drip).
Anyway, the roadtrip was an interesting event and this Zimtu does them also in Canada (it is an all Canadian show), so check them out and see when they are anywhere near you.
There was enough opportunity to talk with everybody and I spend quite some time talking with Dusan which is really a nice person. Here the main points I got out of him:
They did receive the results of the samples a couple of weeks ago but the results were "off the scale". Therefore they had to send the samples in again to be retested. Results should be coming in this week, announcement early next week. Next steps. They are planning a 2000m drilling campaign, possibly in winter, maybe in spring. Winter drilling is no issue. But they will need some financing for the drilling. So a small CR is on the horizon, most likely shortly after presenting the results next week. Not much financing is needed as several people converted their options in June/July which gave about 1m$ of cash in the bank. Several people of the Zimtu group were cleary excited about 92 and the upcoming results. But also they do not know how the market will react. But the expectations are pretty significant. For me the most convincing part was the fact that they have concrete plans for financing and drillling. That clearly shows that the samples have been good as they are moving to the next step, drilling, no more need for channel sampling. So my conclusion is that the results have been VERY good. Not sure what off-scale is but must be above 3% which is awesome! Never seen any drilling results that good. So I am actually thinking of buying some more NTY shares before the announcement next week!