Theres more than a couple hundred thousand worth of drilling left IMO, theres an entirely new fault zone under bedrock that no one knows the actual extent of. It will take a fair number of holes to establish the dimesions of the zone.
Im inclined to agree that this is a very smart JV, groups such as Simulus will have had full disclosure and access to all mineral data as a part of their DD. The fact that they wish to progress is, to me, a large load off of my mind and a significant de-risking move by the CTM mgmt.
Just my 2c.
Theres more than a couple hundred thousand worth of drilling...
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