You spell out the optimist's view, but I still don't understand what the hold-up is. They must have sent the samples to the busiest assayer in the world because other companies would have had their reports long ago. My worry is that there is more cowardice than 'wisdom' and 'expertise' in this command group. That would be tragic. What I mean is being afraid to share what is sure to affect shareholders as if there is some hope that bad news will turn to good if you leave it on the stove long enough.
I know it is probably too much to ask but come on Steads- If there is no gold in them thar hills, give us the gloomy info and let us get on with life. Of course you need to raise money, and of course you want to keep drilling in the most promising spots. But allow us to invest on the basis of real information, don't just tie up our resources or keep us on the hook until the very last minute, knowing there is nothing in the ground. It may not matter to you if your investors are left with nothing left but resentment, but I think you can do better. trying to keep bad news is rude if not illegal. In other words, be wise, let us know what the hold-up is, or when the results are expected and be fair. These long gaps without communication are unbecoming of a professional management teama and a company that had once been talked about as having higher ethical standards.