Xray, my theories to date have been wrong, so I would not place any reliance on them, but maybe...
they are holding back results till the diamond drilling results are ready and we will then see a wave of good results flowing, i.e. JORC initial resource, then diamond core drilling, then the final JORC, then some results from the additional drilling at the adjoining properties (as mentioned in the quarterly), then a PFS and BFS date, etc.....there may even be some more in store and all this may all roll out over the next 90 days.
Then the price must go up and they can get into the next wave of fundraising which I would imagine will be heavy given the schedule for the year...not something I would imagine they would want to do at current prices.
Possibly the buyers in the system have a smell of what lies ahead.
DYOR as I am being extremely optimistic so as to counter balance Xray's stance....
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11 | 6567985 | 0.004 |
7 | 10985000 | 0.003 |
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Price($) | Vol. | No. |
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