EPM 0.00% 0.8¢ eclipse metals limited.

Ann: Trading Halt, page-20

  1. 8,490 Posts.
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    I agree with you about the potential massive value of the pit.

    So I wonder why they are not putting all their efforts into that. Drain it and drill it.

    Instead their primary objective is 'preparing to mobilisecontractors to begin the drilling program at the Grønnedal REE prospect'.

    They have inherited many drilled cores from Grønnedal, that do not yet promise the billions of dollars of the Ivigtut pit.

    What is happening this season at the Ivigtut pit?

    'In addition to the above, the Company intends to complete geological mapping, sampling at the historicIvigtût mine and further assessment of the existing drill-core in order to delineate the large, high qualityquartz body located under the existing Ivigtût pit floor'.

    All that sounds pretty vague to me. If they were draining and drilling the Ivigtut pit I would be in like Flynn as a holder of EPM.
 
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