fundamental analysis: 5 bagger, page-244

Logic is a great asset santoo. How much do you think a drill rig weighs. How much to disassemble, transport to port in New Mexico, ship, unload, and transport to inland Chowa, and reassemble. The costs are lumped into exploration costs, and seeing that there was not much results from exploration, where did the money go, other than consulting, of course.

"Bringing the company own rig and fixing it does not sound like a bad idea to me.
It gives them flexibility especially they also have a small lab on site."...its only a bad idea if they dont know its capabilities, spend money to fix for the job (per announcements) and then let it sit idle with no resource progression. They could have even hired it out if it was any good. So you think this is good management? I would call it blindly in love with a stock, no matter what.

As you say, its all in the announcements DYOR.