I believe the dredge manufacturer may be a partner in the project and they have managed to come up with serious money to finance the claim purchases so hopefully they have the resources to proceed with dredging as soon as they prove the viability. However I certinly hope they will keep us up to date with news on major decisions like ordering dredges (they PRed the order of drilling equipment) and we haven't seen that yet. The current price doesn't reflect any good news in the offing or the increasing price of gold.
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