"Independent geologist Agapito Associates Inc. will be preparing a JORC resource based on cores and gamma logs from all 45 holes drilled on or in the vicinity of the Potash Minerals tenement. Included in that estimate will be the 3 recent Potash Minerals state holes as well as 38 historic oil and gas holes, one US government cored and assayed hole and data from 3 Stone Energy holes provided under confidentiality as noted in the recently announced data sharing agreement. Until the Federal prospecting permit is granted, only the state lease lands will be included in the Company's resource estimate"
Does anyone know when it is expected that this JORC estimate based on the state lease lands will be released? Do others anticipate that such an announcement would be sufficient to push the share price higher?
Perhaps a decent JORC estimate based on the state lease lands, followed shortly by the possible granting of the fed permits might be sufficient to support a higher share price?
POK Price at posting:
51.0¢ Sentiment: None Disclosure: Not Held