However we were advised that one of our partners (presumably PALA)suggested we needed to drill a couple of diamond holes to further validate the VANADIUM. THAT WAS THE ONLY REASON GIVEN FOR THE DELAY. How did our world class consultants miss that.
I presume as well paid professionals the construct of the DFS document was reviewed PRIOR to the advice to the market that the diamond drilling was the ONLY factor behind the delay.
Then it was going to be released in February, March, April....according to various sources.
So it is evident that the company and or its consultants have stuffed up somewhere. Now its another couple of weeks away APPARENTLY and it is July 2011.
Have Nucore found further holes in the DFS that require rectification?
How much better would it have been if they had remembered to drill the holes last year and the DFS had come out on schedule in January 2011 prior to FUKUSHIMA.However maybe there were more holes in the DFS than they realised.
PEN Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held
