Re: No more bid/ask???PEA/Pash-M...
posted on
May 07, 2013 01:58PM
Mark
Agreed, that is my understanding of the reasoning (from Karen) behind the PEA to fall/year end timeframe.
What is REALLY overdue is the much telegraphed patented claims aquisitions of the SE direction "Wedge" claims from the Forestry Company owners (who prb has dealt with succesfully for previous claims acquisitions). These property acquisitions which were to be announced a month ago are now encountering some negotiations pushback from seller, perhaps due to high grade stepout drill results, which are shared with the selling forestry company.
It seems to me that 1800/1900 assays and updates will not be released until the land aqitions are finalized, and a more favourable set of market conditions are available.
Assay results may well also include a "batch" of 20-25 holes Assays which are regularly announced by Dave, per his previous NR announcement record.
Confirmation of land acquisitions NR (royalty % ?, maybe?) followed closely by assays would grab great anticipation during the summer drilling plan, and provide defense fodder against a low ball takeover offer, methinks.
Peter