Well, assays are important but I think the main driver will be the drilling that is coming up. To hit 1-1.5 holes out of 4 in the first drilling program in the area is a good result. Mgt suggested that they have given the logs to these so-called experts to identify future drilling which is obviously around Hole 4 and possibly in the direction of hole 3. Hence was a bit confusing for me when they said they are still waiting on the results from the Lab when something has been given to these experts. Its a long wait but I think we should be ready for another move up once the Assay confirms decent mineralisation in hole 4 and then we get a clear picture of another 5 holes coming up....Announcement of Assays and Drilling programs are 2 main drivers from here...
The next drilling is the key where I can see CHK run to over $200m MC. It's a wait and watch game fro here ...
All IMO
dyor
Hurry up lab, page-4
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