Defense Metals Corp V.DEFN

DEFN .......... News Release

[Iseneschal]

Make note: Year 2021... 6 more months til year end

Defense to drill up to 5,000 m at Wicheeda

2021-05-26 10:11 PT - News Release

Mr. Craig Taylor reports

DEFENSE METALS ANNOUNCES PLANS FOR 2021 WICHEEDA RARE EARTH ELEMENT DEPOSIT RESOURCE EXPANSION AND DEFINITION DIAMOND DRILL PROGRAM

Defense Metals Corp. plans to complete a diamond drill campaign during 2021 at its Wicheeda rare earth element deposit. The Company plans to complete a minimum of 2,000 metres and up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources.

[Maxmoe]

Zzzzzzz.  Nobody cares or nobody noticed? Was there zero drilling in 2020? 2019 drilling didn't start until early august and no drill results for nearly 3 months. Wake me up in September. Zzzzzz 

[ScandiumPower]

Seems that you does not know anyting about ore drilling and resource estimates. You cannot drill 2000 meters during three weeks and analyze the samples and make the 3D model of the occurrence. It takes some more time. Last time (2019) they increased the total resource tonnages by 49% and the over all grade by 30% by drilling 2000 meters. And good things will happend by execution of this nem

[CovieNRA]

Not sure what your point is. They have not had the extra money for infill drilling or step out drilling for the last two years. They have focused on the pilot flotation plant and proving the economic viability of the deposit.  While I am happy that they have $5 million now, I was not happy with how they got it, but it is what it is. The PEA from SRK comes out in 4-6 weeks, so that should be

[Maxmoe]

Geez, chillax already. I thought the press release was encouraging but the stock did nothing. I pointed out there was zero drilling in 2020 as a possible explanation. Investors are in "show me" status. I pointed out in 2019 they started drilling in august and results started coming out in November. So hopefully, this year, since we are starting earlier, we get results sooner than

[CovieNRA]

If you were replying to me, sorry, I wasn't responding to your comment, I was responding to Iseneschal, I'm not sure was he was implying with his six month comment.