RE:RE:RE:RE:RE:Drillingtabbiebarrie wrote: Hey smiles48, Fresnillo is not required to report to ongoing progressd of theit drill program yoGolden Goliathuntol the end of this tear I believe. I am more interested as to when GNG starts work by way of drilling on their wholly owned San Martin mine but funds are needed to for that and I know JPS does not want to do a privayr placement at this price. Fresnillo is due to pay a chunk of money to GNG at the end of the year which could be used for a drill program. My personal opinion is that barring a dramatic rise in gold or silver prices, GMG will remain closeto this price and start rising early in the fall.I would sit on the bid and try to accumulate with the objective of taking some profitslater in the year while holding a core position.
Just curious, let's say it does take 6 months for any movement on this stock, do you know how much the wait will cost the sh? In other words, do you know what the burn rate is?
Thanks.