"no report on the ore processing"
They are currently driving an adit into the middle of what at one point was claimed to be a 100 million ounce deposit. This work provides an excellent opportunity to sample the conglomerate. While it may not be in their primary target it would provide excellent information on the gold distribution. Since the amount of material coming out of the adit is not great processing it and measuring gold content is a very simply and easily done. Results would be available almost immediately. If they are worried about loss of gold to the tails then a program of collecting representative samples of the tails and assaying them is also easily done. I would think that this information is significant and they would be required to report it on a timely basis.
If they are not testing the material coming out of the adit then an investor or potential investor would, I think, have to ask the question - Why? |