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04/23/15 11:41 PM

#147301 RE: Tar sands #147300

It was all spelled out pretty clearly in the shareholder letter.

The next step being the interim NI report from Chance.

Obviously, it's taken a while to put together. This was likely due to the inclement weather and difficulty arranging a site visit.

To me, 2 months is a reasonable expectation for completion of the report. I hoped for less, since the author had previously visited the property. But, there are critics saying it's more important to do it right than to do it quick.
I don't think it's newsworthy for the company to pr that it was a snowy winter, but it's clear that was the case.

The NI report is an "any day now, there I said it" event. Could be tomorrow or next month, but it's coming.

You criticized where the money was spent but there were 4 holes drilled and assayed, and a gyroscopic survey. That alone would eat a good part of the budget. Point is that the report is coming and is a prerequisite to completion of the subsequent steps in the plan.