So.2021 results were uneconomic.2022 Drill program STOP!This management has now proven it. Results have been "shadowed"
How ceo managed to finance with major investors in May.When were the results in hand?
The major investors looking like amateurs.
The early stoppage of 2022 is not a good sign either. Enduro saying 10,888 is the most ever drilled BUT wasn't it supposed to be 3x 18,000?
10k was 2021 and only 7000m
At a pace of 10k a year and 3 months of drilling per year this company will sell at bargain basement prices.
This company is now in cash preservation mode.
There must be 5-7M left.
One development is that enduro claimed more land.
Aug 11 2022.
+4000 meters drilled
9 diamond drill holes completed
12 shipments of core delivered to the lab SO. Early results could be imminent. BUT with enduro imminent means nothing.
Look at another company G*T in the golden triangle.Partial assays but news flow.