Thank you for the update. If I could make one recommendation, it would be that SRU put this type of information in a news release or at least on the website. I have been invested in this company for 9 years and do know the Ferguson lake Project fairly well. I know the better "ore" will be found deeper(which I suggested earlier that underground drilling would be the way to go), I am glad to hear that management agrees.
What I don't know, and for that matter pretty much anyone else, is anything about the new areas that the company is excited about. Mr. Douchane has done a pretty good job at replying to my enquiry but the problem is that this site is only reaching a small part of the market. This is why I continue to ask for information, there is very little on the website about these areas. In fact there is very little about the Ferguson Lake Project unless you spend the time going over all the old NRs. By having more information on the website I think SRU would be able to keep the market "excited" about the one project, let alone the other 3 or 4 areas. For example, I did not know that another "Ferguson lake" type deposit was what they were going after to the south. The original project could still increase in size by 3,4, maybe 5 times current size down the road. Does this mean that SRU thinks we could have another mine the same size as what they have drilled out now, or what they could drill out in the future? I know because of market regulations you have to be careful what you say but at the same time, there are ways to state what the company is going after. Put on the website what the geophysics are telling a "trained eye" If the geophysics are showing a large anomaly that looks like it could run 100, 200, 300 meters deep, give more specifics about what the readings are saying. This will allow a person to get an appreciation for the size of this anomaly. Example being that this Y Lake feature runs for over 20 kms, then state that the thickness is X, Y, Z in certain areas. My problem is that this thing could run for 200 kms but if it is only 1 metre thick and 1 metre wide, it would not be mined. I guess what I would like to see is much, much more information about these areas so that the market can make a more informed decision about the project.
But, like I say, Mr. Douchane did explain this pretty well,and I thank him for that, now let's get the information out to the market as a whole.
