PIR 0.00% $1.49 papillon resources limited

quarterly, page-4

  1. 1,663 Posts.
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    I like it! Not too sure how others read/see it?

    - JORC by end of first half mentioned numerous times with a mid 2012 thrown in there

    - 6 rigs working

    - ~10500m of drilling at Fekola and only 2000m of results released

    - Page 6 shows the untested areas

    - BAU for Mali (I'm 50/50 on that, but if you say so)

    - Assay results slowed due to mali issues (let's hope it can get ramped up)

    - Scoping study already starting (pretty confident with no JORC)

    - Don't care about the other tenements for now

    - ~$25m in cash (spending $5.5m this quarter)

    - Another ~$11m if all options exercised by end of 2012 which should leave us with plenty of money for this year
 
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