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Ann: Riqueza Project, Peru - NE Area October Drilling Update, page-27

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  1. 657 Posts.
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    Past cash raises and options were undertaken for this exact reason. So that we have the capital to drill, and to continue drilling out targets in the event that we don't have bonanza results immediately. We've drilled what, 5 holes in Peru with our 6th underway out of how many proposed? And because a hit didn't happen on the 1st go (which was stated was unlikely multiple times) you want to pull the plug on the whole thing? Lol.

    Also, aren't we already progressing as much as can be with the Aussie tenements? Say we drop Peru right now, done and dusted. What else are we going to use this excess capital on in Aus to get things to move faster?

    I'd rather stick with the original plan and explore all targets that have been budgeted for in Peru, rather than not know.
 
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