A whiff of uranium over a large area.
My concern with these type results. Is the company evaporates their cash reserves on a drilling campaign, that had middling results, that encourages further drilling. But, the grade is not there to have an economic deposit.
Will a small-cap explorer. You almost need to say, we will drill 5 holes. And pick the locations where if you miss, you are happy to move on to the next prospect. And if you have hits, what are the strike lengths and grades that would warrant further drilling. To avoid the thinking, that maybe the next campaign at this prospect we will hit company making results. Even though the initial campaign/ campaigns have been disappointing.
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