In comparison to other gold juniors, we are way overdue with our assay results.
For example, Eagle Hill started their summer drill program on June 22 and reported on 4 holes yesterday. That´s a turnaround of 6 weeks.
We started our initial 2000m on April 13, had two 2000m extensions on April 30 and June 3 respectively. That´s already 16 weeks for the first holes and still nearly 8 weeks for the latest holes drilled.
As I said, way overdue !
But there could be a reason, or two:
either EAG had rush assays, which wasn´t stated
or
GNH core needs to be re-assayed because of high gold values.
But even with the latter, 16 weeks is very, very slow for assays.
Slow labs can´t be the reason, because that would apply to others as well and GNH started it´s program very early compared to most other explorers, so they should have had their cores in the lab way before others.
Holding back results ?
What for ? Financings are through ? Free trading of PP shares ?
FANTOMAS