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es1

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Alias Born 07/13/2009

es1

Re: webpence post# 147750

Friday, 05/22/2015 10:17:11 AM

Friday, May 22, 2015 10:17:11 AM

Post# of 165851
I already did.

But I understand why people would not know it is required.

it is one of those rumors stated in an email from Dan..




1. The company has chosen to list prior to the RPA report for several reasons. First because of the new more accurate grid of holes available from our recent discovery I spoke about above and the surveying that took place since that time. RPA has to rebuild its data model. That is going to take time and so instead of doing nothing while we wait this was something we could move on. Also RPA has recommended that we still 2-3 more holes to increase the indicated resource vs the inferred. In addition they are going to use their data model to choose the specific hole location for this work. So we won't have those hole locations until they are a bit further along with the data model. An indicated resource is much better in than an inferred and will provide much better PEA information.



So while I KNOW there is drilling needed people here can only assume there is or isn't.

Sorry for the confusion.