Snowlake improving would be confidence inducing.Far better than...

Snowlake improving would be confidence inducing.

Far better than being a money drain asset.

If Snowlake rises, it could give the company a chance to offload some more shares, to avoid a capital raising for a year, avoiding a subsequent share price fall due to dilution.

Less chance of a raising = higher confidence for investors.


I'm a bit surprised that they gave guidance for assays to arrive in September. There were some big delays last year.

For the VG hole in progress - "Once complete the core will be processed on site and sent to the ALS analytical laboratory for assaying, with results expected in September."

That would likely mean some results from RPM North and Mid due in Sept. Some important assays due back, I'd say.

I'm not expecting bonanza (except possibly from the VG hole), because otherwise bonanza would mean finding the theoretical 'other half' sheared off RPM North. But I have some good hope for multiple areas in RPM, North-West (light banding, which I inferred that they are drilling), North-East (VG), and Mid (connecting North to South?).



Not necessarily bonanza, but my hope is for half decent grades (preferably beating RPM South), allowing the resource size to grow (with more green area at the least).

Train/Trumpet I assume would come later, and being more of a punt (drilling more blind, being the first pass/first drilling season). RPM's current drilling is inferred/educated guesses based on some proven geology including depths and angles. Train/Trumpet is more based on surface indicators currently.