Bluenoser - I don't want to bore everyone with discussion of a company that isn't ISM but since you asked:

the property was first acquired by Redhawk in August 2005. For a year the company relogged and re-sampled 80,000 ft of old drill core, from which they were able to garner enough info to do an updated 43-101 which was issued a year later in September 2006. In October 2006 they started their first independent drill program, which they carried out for two years through 2008, after which they did another 43-101 in September 2008 and also a scoping study in February 2009. The water (acquifer protection) permit application process was started in late 2007 and was finalized yesterday, so it took around 20 months by my calculation.

So - starting in August 2005 up to today is 4 years to get 150,000 meters of drilling done, two 43-101's, an underground water mining and acquifer protection permit, and a scoping study done. As Friendly Pirate said - you can't really compare ISM to other companies but in the same 4 years we've seen from ISM no 43-101's, no de-watering permit or other mining permits, no scoping study, no metalurgy report, nada. I am not sure how many meters have been drilled but I think its a lot more than 150,000 meters and I think that the project ISM has is a lot bigger in size, and also potentially exponentially more valuable than RDK. That is why I am hanging on here. But as others have pointed out, time is running out, time to see some movement here from management on the famous trio of reports we've been hearing about now for almost two years.

BEER