It seems the East Tenant is a duster. All the neighbours have...

It seems the East Tenant is a duster. All the neighbours have reduced the spending in the area. The exploration companies rushed to the area based on the false information - e.g. 8% chalcopyrite and bornite at the end of the hole. Inca really should have reviewed the NDIBK04 core before started the aggressive drilling campaign.

I regret I didn't follow @NDIBK04 as he pointed it out - e.g. 1 meter 0.2% copper in the 300+ meters of sulphide. Even you have found 500 meters of haematite & magnetite, 800 meters of sulphide, but there is no concentrated copper in those holes.

If you have a look at the historical drilling results from MacCauley Creek, it's way better than what we got from East Tenant.

As a junior mining company, if you are not very sure, you should not go ahead with the deep expensive drilling which can easily break a company.