I think that all this silence does not mean there is not anything going on. I called Blaine last week and he was only able to discuss what we already know, property wide exploration is ongoing, the goal; identify drilling targets, scoping study is progressing, will not be released as it is being done in-house and will not be NI 43-101 compliant.
I asked again about Fresnillo/Penoles and the need to get an agreement with them in order to have an open-pit extend across the northern property line so that we can access the blocks that terminate at the northern Represa boundary... nothing concrete on this but the need for an agreement is obvious, no agreement then many ore-grade blocks will be left in the pit wall. This may be mitigated with block-caving the north side of the deposit IMO.
In talking with some fellow Canplats SH, they speculate that a take-over will happen before the pre-feasibility study stage. Who will it be? I know we have knocked this one around before, but does anyone have any fresh ideas or insight? What will be the per ounce purchase price?