"Post the quarter the Company acquired a Desco 7000 Diamond/ RC drill rig and has retained the services of a professional driller. This will give the company the ability to drill in a more timely and cost effective manner".
Anyone know how much one of these costs? I dont know how much these things cost to hire but buying a drill rig doesnt seem to be the norm with most juniors from what i've observed, albeit i'm relatively new to the junior explorer game. I'm open minded about it, could turn out to be a master stroke given the size of NES' land package and current drill rig supply constraints but I think it's poor form from the board/management not to disclose the cost of the acquisition as I imagine the capex is material and we only have a cash balance of ~$1.5m.
