Very good reasoning, but I am not so sure I understand what you mean by NAK having us tied up until permitting.....
We can do whatever we want to do per the agreement with Thiessen just as long as NAK has first right of refusal to match or beat another offer.
The agreement even though many think it was way too low, was a very fair offer all things considered. I mean truly.
If we can find superior offers, we can exercise that pending NAK meeting or forfeiting their rights, but we do have to pay them back.
So right now I think we are in a bit of a holding pattern pending the ZTEM results and some drill results that NAK did on the purchased lands....and probably some on our lands as well as there were other drill holes but they weren't delinieated as to exactly where they were done.
Also, I believe we will see the core assays from the 5 drill holes soon. Also, the ZTEM will probably be released on Bonanza soon enough.
If NAK is going to try and find other partners to develop this whole area, or, if they want to be bought out, it will be in their best interests to have REAL PROVEN reserves unless of course they want to sell off the NAK/PEBBLE and then take us fully on under the U5 corporation and then build another NAK type scenario....which of course seems like the thing to do in my opinion.
Either way, I think our pps will go up up up once there is some solid news released. When this will happen....maybe within a month....but I don't know for sure.
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