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You know one question that is never answered. Why does deathstranding care so much about about this? Years and years of incessant negativity. For what purpose? I think Pedro hit the nail on the head.
We have had soil sampling results and trenching results. It's drilling results I want and there has been precious little of that.
I don't think it's any of that. I think firstly they haven't done much drilling. Secondly they have been exploring for where gold might be rather than where there is strong evidence. I believe they will be honing in on key targets going forward and newsflow will improve. It has been disastrous for the sp but they don't really care about that at the moment.
If Clay Lake is even half as good as they are portraying it and we start getting regular drill results demonstrating the scale, there will be a rerate. Creenkill is very interesting too. That could be a winner. Visible gold in quartz with potential for higher grades.
JV completed 31 March 2022 so not quite 2 years but yes get the point that it's slower than everyone wanted. I've been invested over 3 years. I think things are finally starting to happen. I'm expecting drill results to start coming through more frequently. They can hardly be less frequent!
Phase 1 of the JV is exploration. Like it or not that is what they are doing. They haven't moved to the stage of proving up resources yet. Discovering gold at Creenkill has inevitably delayed progress at other locations too while the explore there. Things appear to be getting back on track at Clay Lake which is a good thing.
Anything you want to say about the trip Swanny? The podcast was interesting I thought. It's a shame there isn't more tangible news. Two drill rigs are working at Clay Lake. That is good. We know there was drilling at Creenkill and Glenish. The next few months could be interesting. All the indicators point to Demir continuing on with phase 2. The prof also said he has other interested parties that would get involved if he wanted.
Well to be fair they said any investors that want to come along should get in touch. I would have liked to be there to ask difficult questions. It's disappointing that we have no PIs from this board that went. At least none that are posting anyway.
Well there we go. No update. If I could have made it to the investor event I would have been fuming. New drilling this year consists of one drill hole in March and two in September. Either he's telling them something completely different to us or I don't see the point of it.
Well you've got higher expectations than me. All I wanted to know was how the drilling was going. Hardly much to ask but even that is too much it seems. 2 months ago we were told that drilling was taking place at Creenkill and Glenish. How about giving us some drill results.
News or no news. That is the question now. Having been kept in the dark for so long and nearly all interest gone we need some update. Investor event in a week. Final results this month. Can't afford to keep telling PIs nothing. They've already driven the share price into the ground.