Hi Bruce
As far as releases are concerned the co has to guide us as to
what to expect and when or simply release. While i am very
hopeful they have it well in hand now, i trust that if IPM tests
and re-tests their au results, they will go several steps further
vis the pt. If the speculations i have seen in this thread should
prove accurate, then the scope of the pt, in a country where
there isn't all that much of same, is lge enough to warrant
extremely extra-extra-careful documentation.
While I don't know if IPM is thinking this way, if it is then
that takes time, IMO.
I have suggested to Eli that it might be prudent to
attempt to get thru the BD au verification tests referenced
in one of my earlier posts prior to dealing with pt. My two cents worth.
Pt is a tricky kind of material which can linger in recovery loops
for quite a while. In some quarters lengthy efforts to develop
proprietary recovery techniques have been extensive exercises in
frustration I have been told. I am not an expert in this area
tho by a long shot. As a shareholder, I look at Le Furlong's
most recent President's Letter as a broad template for the year.
I have held this share for 3 yrs at least now. Been thru both
suspensions. Listened to the harrangues and rodomontades from
one editor of TNM,a rep of TSE, and also of the Az Bureau of Mining and Min-
erals, and, well, on and on. I am no stranger to the anxieties
this project can cause, nor to the pov's of its detractors. Things
do not always adhere to strict timelines in the mining world. Vis
IPM that has also been the case. BD is a cautious entity and that
is basically very good for us, I believe. Nevertheless, their
imprimature of this latest and hopefully most dramatic and
exciting phase is still awaited. Such an imprimature on the au is
a sine qua non. We get it, this will be a very good year (even tho
gold has moved to the 90 day theory.. 90 more days like today, no
more gold market :-) ) So as far as pt is concerned, we must take
our cue fm IPM on that. I for one can wait, though.
re hard rock tests: again this is an issue that should attend a
sign-off from BD since that would provide IPM with an assay (at
long last) they can stick with for resource/reserve measuring. |
