I noticed that there’s a small change at the bottom of the recent Pepper announcement - the current drill campaign originally was finishing in May and MRE update in June. The ‘finishing in May’ bit has been dropped.
Leaving aside the drill or restart debate, I’ve been wondering about the air core program starting now ish. Why cast a wider net right now if MRE -> mine plan -> restart is Plan A. Why not drill Sly Fox out more or how extensive West Winds is etc?
They clearly feel that there is a better than average chance of finding another deposit (confidence must be huge given the way SL basically said ‘I think there’s an excellent chance Pepper exists’ and it did). I’ve been ignoring the chance of finding a new deposit as a long shot but now I wonder. They must also think that more 2-3g/t results from WW or Sly Fox will be ignored by the market, which feels right to me.
Any thoughts on that? I think you have commented that the aircore program is interesting to you.
SPR Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
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