RE:RE:here is the USABC, I get your frustrations, I really do. To say this past year has been a disappointment is the understatement of the century. With that being said, these orogenic gold systems are very complex in nature and missing the high grade stuff can sometimes be a difference of literally inches. Obviously Dr. Collers early modelling of the 463 zone was wrong, but the early models were always meant as a test to get a better understanding of the structure of Moosehead. If plan A doesn't work, test plan B, and so on and so fourth. Hopefully more is learned aboot the system along the way.
Based on several conversations I had with Tim and having watched most of his interviews over the past 2 years, my perception of the situation was that Tim was... very surprised at the results of the 463 zone. It was almost as if they did not expect to get a result like that. I also get the feeling that Tim is a very methodical geologist in his approach. He does not like to take risks, at all. He wants to understand the structures they are drilling into as best as he possibly can before drilling ANY deep holes, he has said this numerous times when asked in interviews. This approach should likely one day yield success for the company, but it also can lead to A LOT of frustration amongst shareholders, as many will seek greener pastures during these dead periods - and honestly i cant say i blame them.
As a geologist, I absolutely applaud Tim. As a CEO of a company, im not sure i can say the same thing. Junior mining is a momentum based game and Tim either does not care about this or does not understand that concept. Still, props to the man for not artifically pumping the story, there comes a point where that stuff can become sickening as well. As with most things in life, balance is key. We certainly could use more eyes on the story and better telling of the story, but at the end of the day, results are what matter.
I think investors have the perception currently that Sokoman does not really have a handle of the geology of the project currently, which is absolutely fair considering just about every hole has been a dead duck since hole 505. Structural geologist Dr. Coller seems to be doing a hell of lot to help them understand this system here at Moosehead, but the results are not showing yet. Make no mistake, Dr Coller is a world renowned geologist and I do believe they will uncover the source of where the high-grade is coming from. It just may take some more time, which is something no one wants to hear right now.
On a side note, Fleurs is looking extremely promising for such an early stage project. Moosehead aside, I am very excited for the 2024 drill campaign for Fleurs.
GLTA