RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very near futurYou were right on the very near futur. I might be wrong, but historical results were already partially baked into the share price at this stage of the project. They did not release any exciting news as to the expansion of the project at depth or stepping out. So lets say the historical is worth $4 to $5 when sold. It will take more drilling and time to reduce the risk as well as more costs. In the mean time, there are other risks involved. So the historic shell is not that exciting when some followers are looking at other potential megabaggers.
However, what surprised me on this release : why did they stop drilling so shallow and at least did not appear to go deeper ? Their comment that N003 intersected the best footwall grades to date and indicates that the footwall propylitic zone is prospective for widening the North Zone at depth and northward along strike towards the Brasiles Zone. is interesting but still was stopped at 678.0 meters at an angle so no idea as to the real depth.
So back to waiting for more assays and drilling. Drill baby Drill as they say but based on the timing we should not have any results back from Brasiles until mid march.
GLTA,