1) There was discussion a while back that there are likely confidentiality agreements in place. Would the firms that actually have this agreement know which other firms also have the agreements in place or is no one privvy to that and it is all secretive?
2) Do gold mining companies have guidelines or industry standards that they must satisfy with respect to number and frequency of drill results on a property before they can make an offer or is this left to the discretion of the management? If i was a shareholder of the company making an offer, i would want to be sure that adequate diligence and information was proven and demonstrateable.
3) If drill results come back and it supports the geophysical data (perhaps +/- 10-15% in area), would it be reasonable for SLI to go and punch another couple holes in the other anomolies to provide data on the gold grade and recieve an offer on that? or is that too risky?
Thoughts?
SS