PDAC Update:
WSP presentation was excellent although the following is from personal conversations:
Drilling Heading south as sill maybe in shallow water from the west Snap shoreline. Adding tonage which is easy to get at could ramp up production to 5,000 to 6,000. To the north is deep and expensive. Go after what is easy first and then move on. Very practical.
DSP, look out, mum is the word, but core drilling starts next week. Current non-core drilling could hit pipe and surprize everyone, watch-out.
A drill may go to Tyler's property if geophysics pans out (three weeks) there. This program will take six weeks in total. Tyler might move to mid twenties-to early thirties ---yes this is self-promoting as i have a position.
Off Topic and on topic.
I personally had to stop talking to a Senior Executive at Twin Gold as he was approached by two Senior Executives from MRDI/Simmons. They left the booth area to the coffee/snack bar area and held their meeting. Prior, to leaving, I got a few words from one MRDI official. Spoke about wsp, he gave no insider info...but he did say there is a further report due soon.
Twin Gold has had its run, but you never know. Obviously MRDI wants a contract to be part of this play. Watch-out, it may slacken to .75--.85 range, but only for a shortwhile, i was told by someone to hang tough, you may not get the chance to buy back in at cheap prices if you leave for too long.
By the way, this meeting had to have been prearranged, as the Twin Gold Official looked like he was expecting them.
Overall:
WSP looks good and will probably head north to pick up the Crown Jewels sooner rather than later. |
