News release
The big takeaway for me on the drill results is the length, 2 km. At these widths, that's a lot of Pd at Kakua South, much more than the original Kakua will yield. I continue to estimate we have at least 2.4 million oz Pd all told including Murtolampi. It will need the technical report of a resource estimate to have real numbers to work with. We now know we have at least 2 km shallow depth at good widths at Kakua South, the length could be greater. There is still the possibility of more Pd deep. Anyway, this will be a cheap highly economical open pit in the millions of oz. Our shares outstanding have gotten too large too fast, that's my take on why we continue to trade sideways. I do expect a drift up to around $0.41 USD once the news fully digests. One of the great things I have learned about junior Canadian miners is it often takes a long time for good or outstanding news to gestate. It often takes several days to see a response, whereas similar sized US companies see a response, good or bad, within minutes, leaving no time at all for fence sitting.