Late lunchtime thoughts...
Since we have seen that nothing else except diamond finds will move our pps, there are just 2 or 3 things I'm looking for at this point.
Carolyn Results:
Carolyn results cannot hurt us, only help us at this point. From the timetable they gave 1 month ago, the results should be in and known. It was UCAD's news about Carolyn's results a few months back that dropped the pps from .001/.0012 to the .0003/.0004 we are seeing today. After the news, the price immediately fell to .0006 by the end of the day of UCAD's news and settled to where it is today. News along the same lines (which don't meet expectations) should be but a short term drop in pps, because it is truly in the Oreo pipe where our greatest promise lies. It is the Oreo pipe that the TDEM and Airborne survey identified. Carolyn was drilled prior to the results of such testing.
If Carolyn is better than expected and warrants bulk sampling, then our days will be better from that point forward.
Oreo Results:
Does anyone know when the test results for the current efforts here are expected? I don't think any information is out on that yet, but just curious if anyone has insight on this.
A positive Carolyn result would only feed into the anticipation of the Oreo results. Good or bad with Carolyn, many including myself are awaiting results from the Oreo drill samples. : )
Many rigs?...
Prior to Dr.D. leaving for an out of country venture, he stated that during a flyover of our claims, multiple worksites and drilling rigs were spotted. I mention it only because I'm sure when he comes back and posts again, many will be on attack-mode to get more specifics from him. I'm sure he'll again confirm this. What I am truly curious about are the ANSWERS from CMKX and/or JV partners about this fact.
There are maybe 1 or 2 other things of importance, but given that diamond recovery results were the triggers of pps movement to higher levels in the past, I'm going to stay focused on the above in the near future.
Be well,
Bo
