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Gold/Mining/Energy : Newfoundland Gold Camp -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (171)	11/17/2021 1:24:24 AM
From: sense	Respond to of 254

Nov 10, 2021: EXPLOITS DISCOVERY EXPLORATION UPDATE AND APPLETON FAULT FOCUS Exploits notes they've now identified 8 distinct targets for drill testing... up from 5 previously... and be-moans having done a lot of drilling already, but not getting results back from the labs as quickly as they'd like... That can wreak havoc on a plan when you intend to drill, look, analyze, re-spot the next hole based on results before you proceed to drill again... which is a much smarter way to do it when you're a smaller player without massively deep pockets... and really can't afford to solve the "ready, fire, aim" problem... (Sky Gold)... But, given the recent events... for Exploits it might be more of an advantage that results have been delayed and thus not reported if there's any risk that they'll need to be walked back to be corrected... meaning having "the problem" of high grade nugget effects that you have to compensate for... Still not an issue with ores grading out at a few grams per ton... but, who wants a nice safe 2 grams per ton... when you could have a wildly risky 200 grams per ton instead ? And, it seems likely that the labs have, if anything, slowed things down a lot more, now... not wanting to be put on the hook for fostering the problems that New Found has demonstrated in a "how not to"... As a tactical matter... it also might not hurt very much for reporting to be delayed, just now... as it seems likely that the next couple of months might be useful for crafting better staging in the market of reports issued "soon" versus immediately... Gold $2500 by... when ? As the inflation narrative grinds down the resistance into December... January could prove interesting...