There's no substitute for drill results......Especially, good drill results. But if you aren't quite there, then let people know what you are working on and when they will hear more. Well done by CEO James Anderson in the Korelin report, linked before.
7:24: "But we're drilling more holes in Serena right now, and will be doing that in the Fall as well.
So you'll have some more holes coming out in the next few weeks, I think, and then by the middle of September I think, you'll be putting the finishing touches n a game plan for the Fall drilling, is that correct?
That is correct, and something else you said earlier that I want to touch on, because NuLegacy applies its geological expertise in a little bit different way than a lot of the other junior companies. A lot of the other junior companies are happy to look at a small deposit and try to expand it, and then make some news. Most of those deposits do not end up being econimically viable. In recognition of that, what we're trying to do, is find a very large deposit, in an area where there are known 3 very large world class, best of breed deposits. So, we think that we're close to that, and the Directors of the company, 3 of which are Senior ex-Barrick people, and the geological staff, which we've managed to pilfer a little bit from Barrick along the way as well. They all believe that we have a real chance of coming up with one of those giant deposits, and that's the focus on how we explore this property."
Because they focus on bigger step outs, they end up with some misses [be prepared].
When you are swinging for the fences, you are going to have some strikes, & strike outs.
NUG has:
The property
The talent
The funding
They were genius beyond what I recognized in bringing in the Europe Fund, maintaining underdog Oceana, tapping Officers, Directors, and Geologists for over a $ million, while tapping 800 lb gorilla Barrick for talent. If the bidding war that many hope for develops, Management & Oceana now have a bit of a stronger hand. Genius.
Stay tuned for VIO plans.
Very encouraging, James, and prepared for a few strike outs.
Fuse is lit.