I think the idea is to get a few deep drill holes reported, if they are good, then the market will drive share price higher.
Obviously, SUR will have to expand drilling operations to 3 to 5 rigs, then 10. It will cost tens of millions to define the property of this size (billions of tonnage) over several years.
As an investor, it would be great to see quicker drilling. On the plus, at least they now have a drill hole reported to depth of 400m. I guess will have to wait 3 weeks for assay results (taking drilling process info from previous news releases on speed of assay results).
On the release, two important notes I got. One, SUR is talking about extending the limits of mineralization at a future date. So mineralization go 500m? 700m? 900 m? Time will tell.
SUR said it hits fresh rock at 180m. So it looks like a gold zone a 100 m vertical and further down. Another couple of weeks of waiting for confirmation?
On to hole #5. Bring on another 400m baby!
Much success,
The granite.
