a friendly updateSpoke with Gary and as it stands all drilling is done for the year as temperatures are reaching freezing levels, which makes the use of water for their drills that much more challenging. However, from the sounds of it, a lot of drilling has happened this summer and they have over 50+ samples submitted already to the lab. As a result, we are expected to receive steady and frequent news on these results over the next 6-8 weeks - with that being said, a set of results are expected to be completed and received this week with potential news on this result next week.
At this time, there has been no discussion or topic of a consolidation or anything of this matter been heard of in the office (since many on this board have been alluding to this idea) by Ed and management. Good to know but anything can change...
The investment by Munday is significant as it appears his group owns close to 13% of the shares and of course the recent $500K purchase is a good sign of confidence for whatever is to come by DEC.
Was told to stay patient as there will be news soon and of course everyone including us small town shareholders are hoping for the results to be good!