Dave said nothing? Repeat of Asia Pacific presn only?
posted on
Mar 05, 2013 09:29PM
Peter's reply to Rosehill/Rosedale:(above):
If the "run" is allowed, then "cashed up" (apprx $17M) occurs; then another 50% increase in drilling (80,000 to 120,000 meters) can be announced at PDAC for 2013. This, plus "interesting cores" would justify the delay in the PEA, and provide time and justification to include data for another updated NR-43-101 to be included in the tba somewhat delayed PEA. This would also prevent a low ball takeover and action/ move up drilling the additional new drill targets (ie under the lake ice).
{spec on my part, but this is the fun part}. Peter