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Message: Sculpin nailed it

A few days back Sculpin posted some possible timelines. I thought I would repost to show people. Permits are good, will build a stronger SP, but the assays, proving the resource and the buyout is ultimately what will pay.

Below is Sculpins post

Looking at some timelines

posted on Apr 25, 11 06:39AM Use the IP Check tool [?]

IMO,

Just looking at some timelines.

1) permit by May 15th

2) drilling by May 30 th

3) average meters per day drilled by one rig= 50m, 200m hole will take 4 days, the 1300m hole will take 26 days or approx 1 month.

4)june 10 th, if we have 4 shallow drills on the property, we should have 4 cores ready for sampling. Hopefully any visibles will be photographed and commented on publicly by our geos prior to shipment.

5)july 10 th, the core for one deep 1300m hole shipped for sampling

6)july 20 th, first assays back from lab for first shallow holes.

7) sept 1, results back for deep hole samples.

8) offer before next AGM in Nov.

I beleive these timelines "could" be met depending on how aggressive the company wants to be on this project. I beleive I have put my time lines at the quickest times these steps could be acheived, but, as you can see, there is 2.5 months leeway time between 7) and 8). I beleive its reasonable to expect all of these to be acheived by Nov this year.

I think it should be mentioned that also during this time I would expect other news on our Vilcoro, AMEX, new properties, etc.

It all sounds good, lets see if it happens. If it does, there are gonna be some real happy people around here.

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Apr 30, 2011 09:33PM
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