I was told similar info. They are trying to move their indicated to measured as quickly as possible as well as complete the pre-feasibility report ASAP.
With a 3rd drill coming online in April we should get 1 to 2 NRs each month. I'm also expecting this pre-feasibility or scoping study out sometime in June.
Days like today and yesterday are excellent buying opportunities. My TA indicated a pull back to 1.17 last week but I didn't believe it.... and along came Bear Stearns and viola $1.17. Incredible. So... I bought some more today.
Now... all we need is confirmation that the markets have bit a bottom!!
GLTA
mz