"My sense as to why all this guess work is taking place is that no new major news from ISM has come forth regarding any updates (just my take on things)."
Unreal, you have a keen sense, you must somehow know we haven't heard DIDDLY on the NI43-101 since it was announced May 16th. For the first weeks since that milestone announcement we here have all had turns on "why" and "when" and "what", guessing mostly on "when" we might expect to see the results. Now we are simply tossing the "whats" around as we bide our time. What is it, 4 months and counting now?
As your extrordinary sense has told you, there has been nothing since. Nothing official. ....So left with nothing, we ISM shareholders resort to an investment analysts report written last Oct 2007 which is a rough and conservative guide and as he has stated in his report, a non 43-101 compliant estimate/calc. We who have read it all know this just as you do but please tell us again and again how it is no compliant. For surely if it was, we wouldn't be waiting for an NI 43-101 report out now?
Downplay that report all you want. You wouldn't be the first one to shove that single fact down our throat. This fact you have right is that it is non-compliant. Until then we can dream in absence of anything else.
Recall that we don't get the scheduled shareholder meetings other than the required once a year AGM.