RE: Next Greenland drilling Update?19 Sep 2018 00:27
Hoping patience is rewarded - I don't think Greenland will deliver ritches overnight - for example, say they come in with 300m maiden JORC for TBS, that is still a long way from extracting anything, JV or sell off so although I would expect it to significantly shift the SP I doubt it would be huge initially.
I see some promising stepping stones over the next 18 months that may deliver substantial returns and once firner news starts coming in, as long as progression is good the chances of re-tracing seems small - if we can get to 1 to 1.5 p by end of year based on TBS JORC and HH EWT that would be great.
The kind of thing that could fire investors interest is if they feel there may be lots of cobalt and other valuables in Inglefield - cobalt seems to wet the appetite these days so could grab headlines there even with early work - nothing wrong with a bit of dreaming.