Post by
BlueChipper2020 on Jul 14, 2021 2:38pm
17 HOLES AND MAY 2020
Since the initial monster hit GS 2001 in May 2020 (as one of the two holes to test management's new theory/intrepretations), we have had the following:
1. GS 2002- Released September 2020 after painfully long wait
2. Holes GS 2003-2018 (two holes of this were lost, so 14 holes here) released later in 2020 including a few in 2021.
3. 2 holes out of the expected 80 comprising the FY 2021 40K metre drill program
So the initial monster hole 2001, we have had a grand total of 17 holes from May 2020 to July 14, 2021.
How long will the remaining 78 holes (e.g. 80- 2) for the FY 2021 program take to all be drilled and assays released? Based on the above, you can count on mid 2022 on the earliest. Problem with this, is how do you know how to base your drill rigs if you are not receiving timely information. That drags out the process, which hurts treasury and shareholders. So these delays do cost money. Of all my juniors, the delays here are the worst by far. I understand SH fustration here.
GLTA
BC
Comment by
BlueChipper2020 on Jul 14, 2021 9:38pm
gmag66 I think you are right. These FVL delays are very unusual and causing major problems for us in terms of time. I think a lot of investors like this company but know they have lots of time. BC
Comment by
gmag66 on Jul 15, 2021 2:42pm
WTFover, all good ideas and I'm sure they haven't thought of them too.