Big decision comingNot sure who you all thought was there...
The guys who were there the first day are all SUNM insiders, Eastfield Group guys etc. All blacked out by the way, and have been for quite a while.
The second day there were no newsletter writers, Kaiser wasn't even invited, other website guys or other 'invester awareness types' weren't either. Instead it was all instutional analysts - Haywood, Sprott (Cali), Cannacord etc - from who you will not get a report/ write up. Why? 2nd day was all finance side boys.
At this point all I'm considering is - This program is all about finding out whether the deposit will support, economically, going underground drilling. They have to get underground. Some of these holes are 700m deep miss by even 5 yards and you have to drill an additional hole or two off to hit the target. Then send to lab. Takes a while.
The camp is going ahead, whether it gets done, it is very late in the year, is anyones guess. I think it will be.
Bringing the third rig on will speed up the process/ decision making. From surface is just too expensive and time consuming - it literally slows things to a crawl waiting so long to complete a hole and get back results. but going underground, punching a road down into the valley and putting in a decline so they can set up drill stations is the answer but can the project support such a decision? Only time and more work will tell.
They do not have the answer yet, but the 3rd rig, and the camp being built, is a sign they are trying to moving forward as quickly as possible to find out.
Hopefully drill results, and some much better pictures of the deposit, are on the way soon. Anyone whose buying, as I am, is betting they make the decision to go underground.
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