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Message: Are we still expecting a 43-101 soonish, or not?

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Re: Are we still expecting a 43-101 soonish, or not?

posted on Jan 18, 11 08:13PM

Good info - "The PEA is due this quarter and coming before the new 43-101 is strange to say the least."


A PEA is a major undertaking, and often takes a year or so. I'm not clear how they could build on the previous one, when the new one is open pit - a different ball game.

The 20km of drilling will not only take time, but results take time to come out. Then integrating that into a resource estimate, and then a PEA, take a long time too.

Great that they're doing the work - I am just doubtful about the timetable. I'm saying that because I was told last year by Prodigy that the 43-101 would be out the instant the merger was complete. So there's a delay - question is how much the timetable should be adjusted to be realistic.

I would not say that projections and promises made to me in the past by PDG were met. So realism in what can be projected for 2011 is worthwhile.

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