Bulk sampling was carried out at Maestro Agüero in March 2015, and results are expected in the next several weeks.
Delays in the availability of the bulk sampling results have related to the shipping of sub-samples internationally, as the necessary analysis could not be completed locally. Instead, an independent laboratory in Europe was selected.
SLM. Has ECR identified the first consignment of rock it wants Esperanza to process IF it decides to go ahead with limited "sampling" OR will we get another RNS saying more sampling / drilling etc. is needed to identify those rocks? That will mean more dilution to raise money from YA to pay for the drilling and processing. Also, how will ECR know how much gold is recovered from their SLM rocks? Will ECR just have to accept Esperanza saying "processing cost you this much but only this much gold came out of the rocks?" Itogon. Presuming the results at Itogon might even justify applying for permits to extract rock and process gold out of it, how long will that take and, presuming no income stream from SLM, will the SP stand dilution and YA dumping until Itogon either produces gold or is sold?
Must be tough to look at that 250k loss but as you say its only money.
But posters like you cant just move on.
I haven't posted on the board the last few days as were really busy helping people with the Tunisia crisis. Something posters like you probably didn't even realise even happened. Your Ego is far too big and it seems so is your wallet.
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