RE:I just got of the phone with LeoBlackHawk7 wrote: I just got off the phone from talking with Leo. I asked him why he had told me we wouldn't see any news until next week and now all of a sudden we have news. He simply said because it was available today - I'm not real impressed by that answer, but what the heck. Anyway I said that is only two samples when are we going to see results on the others. He said they will have the results on 5 other samples in 3 -4 weeks. Last I remember they had about 20 samples or maybe more waiting to be processed. So it has taken them 2 months to process 2 samples and now 3-4 weeks to process 5 samples. So at this current rate we won't have a decent grasp of grade for probably 3 - 4 months.
Looks like Rhino might be right. Need to trial mine it asap. Drilling and bulk sampling will tell them where to start trial mining and what type of equipment they'll need. The 60 bulk samples over the 8 square kilometer area will be almost worthless for projecting average grade. At this rate, the planned 60 bulk samples won't be completed until October. If they add more bulk samples for Purdy's, then the end of the year to complete SGS bulk sampling. Looks like a long time until any actual mining starts unless it's something at Beaton's Creek.
This was another downer news release. It's almost like their trying to depress the share price. Guess if you believe their doing that to grab more land then you're ok with it. Whether it is intentinal or not is beyond my pay grade. Looking back, the Purdy's 6 ton bulk sample was supposed to be the first processed by SGS. Also the Purdy's Nagrom small bulk samples are over 5 months old. Now they want to go back to Purdys? I though Comet was 10 times better which management has led us to believe. Beginning to believe that I can't trust anything that management says.