He can try put as much lipstick on it as he wants... at the end of the day they were touting this as a project that could quickly go into production... it isnt.
Even their own announcement is saying further RC drilling is now needed prior to proceeding with the Diamond Drilling.
Considering they have spent all the cash on this first how you can call it a success is beyond me... but i guess management would never come out and say we stuffed this one would they....