It just doesn't fit their Geographical approach anymore, plus, the news stream (or lack thereof) doesn't sit right, if they could get £100k+ for it (they bought it for £75k way back in 2011) I would take it and run, let's concentrate on real exploration targets.
Sure would, drill 15th Jan, drill 2 to 3 weeks, results early March and approx 2 months for a CPR JORC, May for a £1m+ High Grade JORC? and of course a splash of £3-£5m in cash into he coffers in the next few weeks.......not a bad news stream for a £7m MCAP Company, not expecting much from SLM to be honest, anything is a bonus IMHO, I for one would like them to flog it got a few pennies and streamline the business, the SP would thank you for it.
Will be nice to get the ball rolling this week with Itogon on its way, According to SC in last RNS
A programme of reconnaissance mapping and sampling had been planned to commence during October 2014 on ridges to the north-east and south-west of the main prospect area at Itogon, but was deferred in favour of the works described in today’s announcement, which were considered more valuable for the purposes of planning the next drilling programme. Drilling is expected to commence on or about 15 January 2015 in the main prospect area
SLM well overdue, MGA anytime, So much to come, have a good week all ATB F
LG actually it was 40/1 with VOG decision taken to create some stability, they have good business model and turning things round now, Maybe it will happen here and probably will at some point as ECR need to address this problem to create value going forward
Next few days / weeks here could really turn ECR round with plenty of potential excitement building to see what our BOD have in store for us, especially in a depressed market, a similar deal for us like MTR / KIBO could do wonders for our sp, cant wait for next week ATB F
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