mineral exploration and development

Romania, Hungary & Brazil - N.I. 43-101, 5.09 M oz & inferred 5.66 M oz of Gold plus 175.0 M lbs of Copper .

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Message: Buy time for CPN

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mooseslayer

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Re: Buy time for CPN

in response to Re: Buy time for CPN by hzmn91

posted on Nov 16, 10 08:54AM (Log in to use the IP Check tool) ^[?]

The last hole of the current drill program is being assayed. I'm not sure how long it takes because the last one was over 700m but I would guess it will be out this month.

They are currently waiting for the 3rd party to finish the Feasability Study on Brazil and all they can do is wait. I think they are hoping it will be out very soon as well. My guess is some time this month as well.

Drilling probably won't start until january but they haven't announced anything yet.

They have submitted all the papers for converting the Exploration license to a Mining license and maybe they weill hear by Y/E but you never know with gov't agencies.

The only other thing may be some Analyst reports but I expect they will come out after the FS.

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