5 Releases in 14 days. But are we done?The management here is grade A. They have been very straightforward about disclosure. If they say it will come out by a certain date, it tends to come out by that self imposed deadline.
The down hole electro-magnetic study was to be released before the end of 2018. We still have next Thursday left for good news. ;-).
Its important to understand 421 is the deepest hole ever drilled in the area of the deposit. No down hole tests have ever been competed. Only airborne/ground studies. This will for the first time EVER give management a picture of the potential at depth. They will get a good picture of 500-1000m+ depths with this study.
The EM results could indicate a number of things that would be material news for the stock. If McGaw has a comparison data set from another mine with relative duplicity to the 421 down hole test. The stock would re price significantly. This deposit has been compared to Bingham Canyon in the past. The largest highest grade copper mine in North American history. Wouldn’t be the first time McGaw suggested similarities between the two deposits.