In the December quarterly report, exploration and evaluation costs for this quarter were estimated to be 220k.
There are (3) possible 'takes' from this.
The biochemistry work is very expensive.
or
A whole lot of drilling is about to take place in the next 17 days.
or
The expenditures were over estimated.
I've held this stock for over 6 years, I just need to remind myself, every now and then that it will be worth the wait.
Anyone else feel the same way!
The Multiplier Effect, page-27
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