"Would be nice to know what plans they have for the June Q exploration wise..........." - that will depend on what initial results produce. If let's say the area around 108 and 094 produces really good widths and grades ALK may move some of the funds planned for other projects towards more follow up holes.
Same for the other areas they drilled. If Allendale produces the goods they may park few other projects so they can focus the funds on one or two areas.
Funds are limited right now as they did not cost TGOE right and until they sign JV and get boost in their cash position there is very little they can do. This quarter we'll probably see less exploration than we want. It will be more focused on one or two areas that produced the best results that warrant follow up drilling.
Will be nice if they hit something at one area at NMPP and another near TGO as such results can have more positive impact on the SP short term. One adds more value to the NMPP and the other sends signal that TGO will have lot longer LOM.
Unless they mine 300Kt this quarter and the average grade is over 4g/t which will make them lot of money and have some spare to drill few extra holes.
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