Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
'The company will report further on the completion of the current hole or in the event of any material development.'
That's from the 1st March Rns.
Continued drilling can only be good for mineralisation as it would be pointless carrying on if there wasn't any.
Just need patience.
Remember CB put £60K of his own money in on the basis of the first three holes and hole 5 is coming up for 2 weeks drilling.
Patience is required.
The drilling is on-going .
Assays will be coming back from multiple cores.
It makes sense to wait for a decent picture of what's actually there rather than multiple Rns's which could cause the share price to yoyo which in no one's interest save a few traders.
Monday without an Rns was always going to be significant as it's a 3 day still drilling scenario.
This could get very tasty indeed as the drill h6oes deeper and assay results filter through.
Could this be much bigger than thought or 2 porphyry?
I can't remember his exact words either but got the impression he just threw that in to justify drilling hole 4 from the same pad, which was then aborted.
Hole 5 was then started from a different pad to explore what we hope will be the "ole 5 shows this deposit isn't big or very big, its massive, yes massive '