From my understanding they have not halted drilling and in fact I believe they have a drill commencing right now as per a recent NR. Last year the company issued guidance that they were slowing down activity to conserve capital and that was what I was refering to. It does not mean the drilling stops, it just means they are not necessarily racking up huge overhead costs and running flat out. At one point they had about 7 or 8 drills turning and a burn rate of about a million bucks a month. That is inefficient since you have to wait a while to get assays back and therefore some of those drills were waiting around or else doing blind work further along the trend. Slowing things down to just a few drills on separate projects makes sense if you are following a systematic program and want to have results coming in, geological interpretation, etc, before setting up the next target.
cheers!
mike