RE:Remember the Bre-X Scandal It's difficult to argue with the CEO of FVL when she believes that there is a need to do more drilling in order to make a more economical PEA > an extremely poor optic for investors with a bit of a brain .
Incidentally , the last PEA ( 2016 ) didn't conform to NI 43-101 parameters
(For stockmoves1 )Snowline Gold Corp. is currently sitting at $5.61 and it only has approximately one quarter of the resource we have but they will likely surpass us in short order ,as their gold deposits starts from the ground level and continues down and they have an aggressive drill program and a lot more money to drill with > FVL / KW is now trying to find higher grade deposits that start closer to ground level in order to improve the economics for the PEA
Let's face it FVL has poor management , making seriously poor miss-steps and decisions
It's pretty hard to argue with the truth ... sad but true
Even sadder ... the updated MRE won't help the share price or the share holders