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Bullboard - Stock Discussion Forum Southern Empire Resources Corp V.SMP

Alternate Symbol(s):  SMPEF

Southern Empire Resources Corp. is a Canada-based exploration stage company. The Company is engaged in the acquisition, exploration and development of metals and minerals deposits in the American southwest and northern Mexico. It is particularly focused on those that are amenable to lower-cost metal extraction methodologies, such as heap leaching. Its exploration and development projects... see more

TSXV:SMP - Post Discussion

Southern Empire Resources Corp > Someone please explain the 'logic/strategy' w/ this move,...
View:
Post by GETaLONG on Apr 01, 2022 4:50pm

Someone please explain the 'logic/strategy' w/ this move,...

reading a Press Release dated:  2-3-22


Southern Empire's belief in the exploration potential of the Pedro Gold Project led to the recent start of a core drilling program. Drilling is progressing well, with 3 holes totalling 421 m (1,381 feet) completed and a fourth hole, which targets an Induced Polarization (IP) geophysical anomaly where strongly oxidized, hematitic volcanic cover rocks have been mapped, started. Core logging of the first 3 holes (DDH P22-01 through -03) suggests zones of up to 70 m of moderately silicified, limestone-dominated conglomerate with zones of up to 20 m (core length) exhibiting disseminated and vein controlled arsenical minerals including orpiment and realgar. Drill core samples have not yet been submitted to an accredited geoanalytical laboratory for assay analysis. It is anticipated that these samples will be sent to the laboratory after the drill program has ended. Assay results will be published at a later date after they are received.


Could you have chosen a 'slower method' of getting results to shareholders???????

Give me a break!!!!

How 'bout a RUSH on those core samples !!!!!!!!!

Where's the urgency.....?????  ....the confidence !!!!

My word,... talk about 'slow rolling' a Project.

Oh, BTW,.... i'm disappointed.
Comment by ValueCat on Apr 07, 2022 2:12pm
Implication would be the core doesn't look as hot as hoped.
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