i talked to eugene and these are some of the notes.
-2 NR's with in the next 7-10 days. (Quartz 5 holes and Alaskite #29).
-the 2 current drills will remain in Bards control for the rest of the year.
-a 3rd drill is on the property as a bit of a test. i guess its a hydraulic type that will be faster at recovering core from the deeper depths. it hasnt started drilling yet.
-i asked him about the copper content in the core and he said that it was a 'clean moly, very little copper'.
-with there current bank account balance there will be more then enough money to drill the rest of the year and complete a 43-101. he again reminded me of the location and how much it is saving the company even at this stage of the game. the drillers travel to smithers every night/day and stay in a hotel for a fraction of the cost it would take to house them in a remote camp setting.
-as far as another PP goes. maybe late this year. IF the market permits. he is hoping to do it in the 60-70 cent range. if the stock price doesnt agree with that they will wait til next year. like i said in the last point they have enough money to start drilling in 09.
hope that helps.
dboone
