RE:RE:RE:RE:RE:RE:RE:RE:Lots of good fluff!Today:
- Announcement of a completed entire almost-decade long drilling program with "better than expected results"
- Announcement of a 43-101 on the way
- Announcement of PP closing today
- AGM tomorrow
- Announcement of Corporate Overview after AGM
....and still no stock price movement
On the way (should have before AGM):
- 2 final assay results still not published (which we now know they have)
- Announcement of who PP insitution is
...let's see if this moves the needle at all??
A key takeaway in the PR today:
" The Corporation's Board of Directors is currently considering whether LAURION's next technical report on the Project should be a mineral resource estimate update or whether it should be a "preliminary economic assessment" (also known as a "scoping study"). The Board of Directors will discuss this topic further with management and the Corporation's advisors, third-party experts and qualified persons and will make a determination in the near future."
So it looks like the board will decide on a traditianl 43-101 (data driven) or a "Scoping Study" which Google tells me is monetary value appraisal (below). Possibly both?
Google: "Scoping studies are an initial appraisal carried out early in the life of a resource project. They are based on initial drilling and informed assumptions, and commonly include an elementary mine plan. Scoping studies determine whether, and how much, further pre-development efforts are warranted."
If there is no buyers at the table now, it looks like they are atleast trying to set the basement price (via the aforementioned) while they continue to drill and increase value.
I don't know if I can handle refreshing this page 200x a day for the next few months while we wait for a 43-101 / Scoping Study....
Let's hope for AT LEAST a little price action in the short-term to help the wait
Cheers Longs