The reason SUNM is running is....Of page 21 in the newly updated investor presentation. The image is of a decline shaft plan.
This would allow the company to spend a few million dollars to get right on top of the discovery. The drilling cost savings from the decline would more than warrant the expenditure. Essentially we wouldn’t have to waste 500m of drilling to hit the asset every time. Would pay for itself very very fast.
Also geologists will be able to study and test the deposition at depth. There is also a chance the ore would be struck during the development of the decline. This would also help with targeting drilling for resource definition
The exploration plans for 2019 are expected to drop at any moment. If the decline development is in the plans already. Look for this stock to continue to re price. It is ultra rare for a company to decline into a deposit after just one hole!!!
https://sunmetals.ca/site/assets/files/3709/2018-01-09_nr_sunm.pdf