Im not sure where the timeline for drill results came from either.
What I am expecting though and what I think would be the most logical progression forward for JORC would be the fast tracking of the smaller deposit being the Zhilyanskoe.
I feel Fortis will try and get drill results and JORC out for this deposit first. This in turn will show the market that the old soviet union data is the real deal and if as expected the resource is increased then the market will be all over FMJ once again.
Fortis have more than enough funds to get this to happen in quick time and then a feasibility study can be done as well.
In the meantime I wouldnt be surprised see new announcements hit the market when we are not expecting it.
Imagine if FMJ became a producer allot quicker than anyone ever expected.
I continue to hold very firmly and cant help picking up some loose stock on the down days.
GL to all!!
FMJ Price at posting:
$1.27 Sentiment: ST Buy Disclosure: Held