From memory, one of the more recent presentations stated that the company would look to establish a resource within the next 12 months. As such, we have some more drilling and scoping of targets in the interim. The next announcement should provide more insight into some of the questions you pose.
The volume generated from the announcement today supports this sentiment, and it appears we have a case of investors ensuring they have a position prior to the next announcement.
Fortune Favours the Brave... and junior nickel explorers with strong indications of a substantial resource.
Next week will bring us closer to knowing whether that maxim holds true for the latter.
IMO DYOR WWJPD
Drilling to Commence, page-4
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