RE:RE:Market Expectations for LAB Assay Results......?stockinup wrote: AlwaysLong while you may be correct when you say the next assays could be baked into the SP because there is a lot of anticipation of us potentially hitting NFG type assays, it would be fair to say the inflated SP could be correct as it is. I say that because of the backing and promotion LAB is getting. QH can't stop telling everyone that LAB has the same stuff as NFG. Same rocks, same structure, and same geology. Eric Sprott keeps putting money into this between private placements and open market, at the advice of QH, I'm sure. Just these 2 votes of confidence can lead to the inflated SP. Now while I agree we still have not hit a core comparable to NFG yet, I'm confident with these 2 market movers backing us, we will. They see something that is causing them to continually back us. Roger said they are getting a handle on the structure, so they will better understand how to setup the drill for the next holes getting drilled. Also I wouldn't get too hung up on comparing the size of the land packages between LAB and NFG. Yes NFG have a much bigger package but look where their field work has led them to drill. It's all being done less then 7 km from big vein. Now they are finding higher grades as they go north. Just look what they pulled out of Lotto last week...the highest grading yet. And now they discover a new high grade zone between Keats and Lotto. I'm confident we will find these grades on our claims too. It just doesn't stop at the boundary, especially when you have a drill target like Big Vein. SU
stockinup, yes, unlike SiC, LAB's management seems very confident in their flagship property (Kingsway) and appears to be focusing their efforts on trying to hit big-time cores there. LAB is not purchasing other land packages or entering into joint ventures to gain interest in still more properties - they appear to like what they have and are pouring their time and effort into finding knockout cores comparable to NFG, so I admire them for that.
Also, as you stated, multiple players such as QH, ES, and NFG have skin in the game re. LAB, so that certainly checks another box.
We shall see what LAB comes up with in assay results moving forward, but I wouldn't assume that if, as you state, Big Vein is "less than 7 km" north of Lotto that it's only a matter of time before LAB delivers cores like the last one at Lotto (or those at Keats or Golden Joint) - Mother Nature may not have stopped doing her work at the LAB / NFG claims border, but she also may have not continued to do the same work at Big Vein as she did further south......
Time will tell.......