43-101 take 4 to 6 months to put together, and is expensive. No need to issue one twice a year unless you have a material change in your drilling results.
Sherridan needs to show continuity before enbarking on a time consuming and expensive 43-101. Remember Gold Eagle got sold without a single 43-101, gold corp just wanted them to stop drilling before they found more gold, and paid the shareholders very well to get off the property.