JJ,
I am out of my depth researching resource stocks.
From the recent IP announcement.
"It is planned to conduct two 250m drill holes to test the high sulphidation gold target and the stockwork Cu-Au target at pipes 3 and 1, respectively."
2 fairly deep holes ....a total of 500m.
How did the drilling contractor agree to do the job for under 500,000 shares that were worth a princely sum of $5,000 at 1c?....Thanks to Google , I know that it costs 10x as much....I must be missing something.
The drilling contract was rather vague & didn't specify the drilling method or length.
Perhaps there are more important issues to pay attention to...Things like technical breakout.
BBX Price at posting:
2.3¢ Sentiment: None Disclosure: Held
