So I asked George Salamis of Integra (ITR.v) about the company NR today....

So I asked George Salamis of Integra (ITR.v) about the company NR today.... - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title So I asked George Salamis of Integra (ITR.v) about the company NR today...., We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : So I asked George Salamis of Integra (ITR.v) about the company NR today....
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So I asked George Salamis of Integra (ITR.v) about the company NR today....

...on drilling results and progress at its DeLamar project after digesting the information and data contained right here. The trick with these high-flying, arrogant, self-important president and CEO type people* is to keep your message short and on-point, so once I'd added the numbers to the XLS, made a stab at interpreting the drill map and had a very decent cup of coffee, here's what I wrote:
"My major takeaway is that you guys have a shitload of drilling to do. Those discrete areas of high grade aren't easy to spot otherwise and you run the risk of leaving grade average low."

And here's what Salamis replied (permission to re-print verbatim has been granted):
"We do! Too many targets to test is a Hollywood problem, I guess. We are trying to strike a balance between those who say ‘Drill, baby, drill. Don’t waste time/money with economic studies, just make the resource bigger” and others who proclaim “we wont invest until we see metallurgy done and some sort of economic study tabled”. We are trying to please both (for now). So far so good, the drill bit keeps working for us. As for the discrete zones of high grade, I guess we should have clarified why we are looking at these. We think they are feeder structures that may have been the main pathways and conduits to the main plumbing that formed the deposit in the first place. Following these laterally or downwards sometimes leads to great things in these epithermals.
The drilling is adding value. The metallurgy is looking really good. The resource estimate will likely convert a lot of ounces and add more.The PEA will look really good."

So there you go. He also confirmed that the PEA is targeted for the start of September rather than the end, which is a good thing for post-Labor Day marketing reasons.

*Luckily, Salamis is not one of them.


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