updateFor those shareholders who would listen or at least continue to show interest in the stock ( I'm having some doubts these days) I understand IMG has been busy this winter in the Nelligan area. They are running high-res mag surveys and detailed IP surveys ( hopefully the new 3-D type) These programs should fine- tune the drilling locations when looking for the high grade intervals throughout Nelligan ( of which there are plenty especially to the southeast) This detailed work is required before starting the 10000m program in the late spring ( unless they found a rig and will begin shortly) Right now is a good time (excuse) to do this work - before they drill.
Felix : Rig number one is drilling ahead and making good hole - waiting on some visuals .Rig number two will arrive next week and begin drilling. We are permitting additional locations -in particular the substantial s-curve (formation folding back on itself) anomaly in the iron formation. Two rigs should get the program finished before breakup in early April.
We are currently investigating another project to drill prior to breakup or late spring in the Nelligan corridor - details to follow IF and when warranted.
Otherwise , waiting on visuals from Felix and hopng everyone still believes in our story - once again NOTHING MATERIAL HAS CHANGED!! only that at our current market cap values our 800000 ounces at $49cdn per ounce in the ground
regards Garland