No one disagrees with you there Watso ... more drilling is required... it is called exploration and yes funding is required to do so.
A project can NOT be confirmed after investigating <5% of a strike zone.
The new board has done well in reining in the expenses ... I actually also agree that the type of drilling carried out was not ideal in stage 2 and the exploration program of stage 2 had some faults but the results from stage 1 and 2 are beginning to indicate that there is a project to be had!
As for the market ... nothing is really going to change until a resource statment is extrapolated. The company has now stated that one will be completed after stage 3. That is when one will know if there is a project there or not.
Mate the fat lady is not singing just yet ... the libretto hasn't even been written!
At less then 2c this project has a lot of upside.
Enjoy your annual leave Watso
EUR Price at posting:
1.5¢ Sentiment: None Disclosure: Held
