GF, couldn't agree more with the idea of further delaying the JORC MRE again, currently due this calendar quarter.
today's statement from the company and the discussion hereon confirms that the Greater Duchess project is handsome indeed and there are more prospective targets that haven't even be drilled while many areas that have been remain open in many directions.
so much data points to this being a large, highly commercial copper/gold deposit. Whether it reaches Tier1 status remains to be seen.
any initial JORC MRE can only undershoot expectations of holders and watchers.
i applaud the company going hell for leather with three rigs. Pity they didn't do this early last year when there were strong signs rather than just hints of the monster emerging.
I reckon an underdone initial JORC would do more damage to investor confidence than a further delay, as we would all know why.
purdy dang fine statement from CNB today. They seem only to get better. Nice work.
CNB Price at posting:
$1.20 Sentiment: Hold Disclosure: Held
(20min delay)