Santa Rita and Pasa?
posted on
Jan 28, 2009 08:22AM
Focused on exploration and advancement of mineral projects in Peru
How long can it take for a geologist(s), assuming he's on the ground 5 days a week for a couple of months to get a target outlined on Santa Rita Gold Target?
If you do geochem on an area 200mx200m plus surface mapping which by now should have been done with minimul costs, this would take no more than two months, including results back from lab. Even an IP survey shouldn't take more than a couple of months. Now, with this said, from an investor's point of view, why else would the sp rise if it takes over 8 months to get results when it should take 2 months. This shows uncertainty and lack of man power on the ground or it's time to re-evaluate just what's exactly going on with the personnel on the ground at both Pasa and Santa Rita. Don't get me wrong, I think DRV has good management, however, the fact remains plain and simple, it only take so long to collect data IF the geos are on the ground 5 days a week. Or perhaps the answer is "The geos are not on the ground 5 days a week and only there half the time." And if, so why?? That's a question I would love to ask Mngt.
If we do infact only have 1m left in the bank??? I would be concentrating all my efforts on pasa and realease more results pronto..Not 2-3 months from now, but have a drill drilling right now 24/7 and put out at least 3-4 more holes completed by the end of March. Either get results pronto or watch our share price drop back down to it's previous lows...and wait a year or more for copper price to rise again and refocus our efforts on Aguila. Sink or swim...
Sorry, boys! but as a retired geo my self, and the experience I have. I can not comprehend "Why it takes so long to get results???"
I have a simple question to Mgnt.
Why has there not been any further news other than 3gpt gold on the Santa Rita Gold project, being that it's been months now since we've all heard this?
It's time for Mgnt to suit up and ask the personnel on the ground in Peru some questions???