RE:Exploration and news The company is in the process of exploring a very large and complicated mineral deposit that will require several years and likely a milllion meters or more of exploration drilling before the decision will be made how to develop a mine. There may be required several shafts. Once mining at depth has started, exploration drilling will continue.
The results being published, as they become available,are what is required by regulation. If they were not published then insiders might and likely would take advantage and acquire shares.
Rather than comment and complain, maybe just think why the company decided to drill 200,000 meters. It is what they, with the info they had then, figured what was required to make future decisions. Many of you are blindly commenting on the overall resource without even the minimum amount of info yet available. A few thousand more meters of core results means little, wait until the qualified company geologists make proven and inferred or implied reserves available and you will see the stock take off. Until this happens the is really no idea of the potential value of this property. As the information becomes available the likelyhood of a major investment company becoming interested increases. I greatly doubt if investment companies get their info on stock watch.
Gangsterme what you are implying is what a beancounter (accountant)
wants. If you want that kind detail you need to be into larger cap stocks . This is exploration where you have no definites and only
conjecture too often. I have been most badly burned on stocks that
had beautiful 43-101s and then when they got the mine going there
was nothing there. I tend to think the most reliable thing is a geo
with good instincts. In this stock we have an amazing number of
top geologists that have been to more than one rodeo. Just look
at our main officers, directors and advisors. They are not a bunch
of rubber stampers. Look at our major shareholders for expertise.
I have never seen such an accomplished team. I think their good
instincts brought them here IMHO but what do I know.
If you had followed indicated and inferred at Fosterville at 2015
you would have never have gotten in.....too overvalued IKE