With the expertise these guys have on site and the grades we are after I would imagine that they would have a good understanding NOW of what they have from the visuals and maybe also from running a handheld XRF over the cores....
So if they think the assay results will be good then yes wait....and raise at a much higher price...
If they think that this is going to be a marathon and not a sprint raise now while the share price is high...
I'm hoping it will be the former and a golden Christmas and after 2 years of studying the 30million plus spent on drilling and EM results from Kirkland lake before relinquishing that they hit the sweet spot at depth....
In a podcast from Matthew Keane the the CEO of S2R there was a section where he outlined the odds of hitting a commercial deposit and they were in the vicinity of 600:1 and out to 1000:1...And this is the game we play.....
It was also said the odds were better because of the ground we hold and that a discovery would be at depth.
So let's hope these deep holes are money well spent....or at least give encouraging results....
Time will tell....
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
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