I had a quick chat with JJ today and asked about assays for AT 12. She told me that they are waiting for assays from AT 12 from the fall drilling and that she hopes these will be out before PDAC. I made the mistake of assuming these were from the January drilling so please excuse me for it. Those promising results we were told about were from last fall and so I believe we could be getting these any day now although nothing from my conversation with JJ led me to believe anything was imminent. She was not even sure about getting them on time for the PDAC.
She is also hoping to have the 43-101 resource estimate in time for the PDAC-I assume Wes also is pushing for this but no guarantees here either as it is out of their hands for timing.
Times seem dark right now with our beat up share price (although up 22 cents from our intra day low last week) and nothing coming from Noront. It could be easy to forget that we are sitting on 6billion dollars of high grade minerals...and counting. That we have 30M in the bank. That we have some very bright people at NOT like Jeremy Niemi who is very excited about the AT12 area. That we own not only a dominant land position up there but that this land is strategically positioned along the RFI.
Genuity is no longer in a hurry to sell the remainder of those shares and is not threatening to bring us lower. Once we have Genuity gone from the selling, we may see some run up in our SP. Until then, this is a buying op imo.
Glorieux