I'm thinking that the following line from the quarterly says it all :-
"Bulago River EL - under renewal"
If the Exploration License has expired why would they release good assays until they had the renewal confirmed.
This may also account for the delay in announcing the price for the CR.
My hope is that we get a confirmation on the lease followed by a bonza assay report which could set a higher benchmark for the CR.
Cheers & good luck to all long term holders.
Ann: Quarterly Activities Report, page-4
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