Still some timeI’m all for a buyout right away, but the communication over the last ~6 months has stated that there will be “redrilling in 2023” in the zones with the highest-grade deposits (which I believe is currently taking place).
Now that we have proven the stockpiles monetary potential, coupled with the mapping survey (which should show exactly where the highest-grade deposits live), I believe a final step is required:
I’ve posted these thoughts before: “Once they complete the data entry of the mapping survey results into their models, they will have a truly holistic 3D understanding of the property. Then, I believe the final piece will be this quarter’s redrilling: they will use the geographical mapping data to pinpoint exactly where their richest deposits were/are and redrill here. When they start publicizing these assay results (in conjunction with their entire gift-wrapped presentation) is when I believe suitors will start rolling up their sleeves.”
The below 5 steps are almost all completed and I really think anymore exploration beyond this would be somewhat redundant:
- All assay results injected into technical modeling
- All 3D mapping completed
- Determined feasibility of stockpile potential completed
- Magnetic mapping survey completed
- Redrill most fruitful areas and publish results