We Need Decisive Action NOWSo, the MRE and PEA are farmed out to indeoendent experts , as they should and must.
The drilling crews and geologists are taking care of ongoing drilling.
Ronnie has full control of mine development requirements and their implementation .
So, WTF is there left for the BOD to do ?
Just float , bloat and hope for 6 months while more equity is used to fund operations !
The MRE and PEA will be quite useful but they won't fully answer the critical issue of deposit productivity .
That comes from the actual mining operations.
Its quite normal for management of gold projects to have a continously updated MRE and economic metrics.
They know the outcomes now.
So, why not , in the interim 6 months , institute test mining of a fully stripped and mensurated prospect such as Keats Trench.
Such test mining results will be available to validate the PEA as soon as that estimate is published .
Otherwise, its testamount to conducting an acoustic survey of a fish population without a valid target strength.
What obstacles lay in the way of doing this ?
None.
We are all tired of a management team which act like a herd of deer caught in the proverbial headlights .
Lets see the only real strategic decision that will make a big difference to our market cap.....test mining.
AIMHO
GLTA