Hi Frank
I spoke to a gentleman by the name of Eugene at PUG today.
Firstly, PUG has not started drilling yet as they are continuing ground reconnaisance in
both Lethbridge and Saskatchewan, they feel it's better to explore the grounds prior to
spending large amounts of money on drilling such as Montello and a few others have
done. Point made, is that they want to be sure they have found a kimberlite prior to
plunking down a core drill, "Yes I said core drill" they will not do reverse circulation
drilling according to this Eugene fellow.
Secondly, results from K91 are expected early July, as was announced at ACA's annual
meeting.
Thirdly, the DMS plant is on schedule.
Fourthly, PUG and ACA will be sitting down to discuss this summers drilling program
shortly, with drilling of very many anamolies to begin later on this month.
Fifthly, the remaining six kimberlite results will be announced in about two weeks.
Then I gave the fellow a piece of my mind regarding the lack of an update to
shareholders, I explained that everyone would greatly appreciate a progress report
more than anything, and rather than calling the company and bending their ear, he said
that he would express my concerns to Sheldon, let's see if we get a progress update.
Then I asked him if he tuned into the Silicon Investor, he said that he has heard of it
before but has never logged on, quite frankly Eugene, I don't believe you, as you are
probably reading this right now. Tell Sheldon to get cracking with a progress report.
Now with all of this happening, how can a person not afford to buy!!!
Regards
John |
