One of really lazy report that i have seen lately. Not much new stuff even some figures are still from previous quarterly report. A bit disappointed how this report was prepared. Seems a bit unprofessional, especially after we had some technical hires.
But few takeaways from Q2 of 2017.
- Still decent amount of drilling, quiet few sterilization drilling, - means the project is in PEA study, have clarify some areas for mining planning.
- Other targets, it seems they have received all the soil geochem results, and interpreting in conjunction with geophysics studies to produce drill targets. Possibly drilling in 4th quarter in some of the target, after management completes resource and met works in this quarter.
- Good cash position, probably no need of CR till late end of the year. Still very intensive spending, hopefully will result in big milestone results one or two times this quarter.
CDV Price at posting:
62.0¢ Sentiment: Hold Disclosure: Held