Cerro knows the market is waiting for the DFS so there is no point to release anything else.
Speculation:
There will be a steady flow of positives forthcoming with regards to the mine. With respect to Goldcorp as a partner they have the right to wait for the Canadian filing of the 43-101 tech. report by CJO before making a decision. This filing generally takes up to 30 days in Canada? I don't think GG will wait, and in all reality have been kept appraised of the mine study by CJO, and the documentation will have no surprises for them.
They are sitting on a bunch of drill core news from Namiquipa. Lot's of excitement internally regarding the gold find in the Northern sector? If they can substantiate this with more drills it will advance Nami towards a defined resource of ore.
They must be coming up with a plan for the Mt Philp deposit? CJO can't do anything with it themselves, but a sale or JV would be helpful especially when they are looking for cash to fund the Mexico mine?
CJO Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
