RE:RE:RE:RE:IP News predictions,,.Decidedly more bullish than any of their previous presentations/interviews... And obviously the confidence is based on what they're seeing on the ground and with the IP, and what they're hearing from industry players..
Lots of (not so) subtle hints, especially the bit about the rest of the financing to be with a strategic and all in one shot. Basically saying if you want more shares you better buy on the market, dont count on getting in a PP!
Also liked the crystal clear message to the market on the 'gameplan'. Drill the heck out out if to make sure we don't sell ourselves short and that ST's full previously unexplored potential is revealed, but then as soon as they can delineate the expanded resource, shop it off to the highest bidder. Too often you see projects seemingly engaged in never ending studies with no exit strategy.
The Q4 2021 to H1 2022 timeline is right in line with what I was expecting, they'll have the money to drill very efficiently with several rigs.
And the potential to double the historic resource just through infill and fully drilling the south zone, even before accounting for expanding to depth and Brasiles... music to my ears!
It will soon be pretty easy to rebut most of the main remaining doubts I hear about Santo Tomas/OCO:
"Its pretty big but not thaaaat big" - to be quashed by the IP (correlated with historic drilling) showing significant expansion of historically defined mineralization
"Ok, but its low grade" - Its really already not, considering the starter pit relative to the average new project coming into production, but just wait for drilling at the Brasiles and at depth and including precious metals and this one will seem silly.
"But but but... its in Mexico" - Yes, one of the top mining jurisdictions in the world, and at an accessible site at low elevation near developed critical infrastructure and a hugely supportive local community.
"But the shareholders are nobodies!" - Well my mom thinks I'm special! Haha but seriously, we won't be hearing that one anymore once a strategic takes the rest of the financing.