I don’t think that we are giving Firestrike enough credit. There...

I don’t think that we are giving Firestrike enough credit. There aren’t many small resources companies out there running on such a little cash burn and with the major shareholders being the directors and main financial backers.
The current drilling program looks as if it will only cost $150K using the man portable rig. Assays presumably will come through progressively.
Any positive follow up on the 26m 1.1 percent copper trenching result will be a positive for this project.
They are obviously testing a lot of ground here and it seems like management are looking to build a shallow copper oxide resource amenable to a heap leach. This sort of processing would likely be cheap to operate and similar to the Lisbon Valley operation up the road.
I also see that the Lisbon Valley Mining Company website advertises an ore tolling service for regional miners because it has surplus SX/EW capacity. This could be an opportunity for Firestrike to commercialise any leaching operation a lot sooner than the market currently appreciates.