27c valued at 234c before upgrade next friday?, page-81

agree - great post Blythe

just to clarify my last post, i thought not so many holes based on the following, see the "but" following :)

from the website
"Late in the 2008 field season several holes were drilled into the K2 prospect, with thick intercepts of lujavrite intercepted in all holes. K2 appears likely to represent a continuation of mineralization from Kvanefjeld. A couple of holes were drilled into the K3 prospect, and a single hole was drilled near the K4 prospect. This drill hole was of particular interest as it was drilled to nearly 400m depth with lujavrite the dominant rock type throughout the hole; an extraordinary result (see section B-B”). The hole ended in lujavrite.
From this initial phase of drilling into the regional multi-element targets, a picture began to emerge; that mineralised lujavrite is much more wodespread than outcrops would suggest. A final hole was drilled near the K6 prospect on the edge of Lake Taseq. The hole intercepted approximately 200m of naujaite, before intercepting significant zones of lujavrite. This strengthened the theory that despite limited outcrops, lujavrite is likely to be continuous across much of the northern part of the complex from near surface to moderate depths. Kvanefjeld now appears to be just the beginning."

so that appears like several plus a couple plus a few other holes drilled, albeit suggesting wide as yet undrilled extensions of the potential mine area

"But"
I see the Sept Qtly report last year went into more detail, so we are looking at 76 holes to be reported in the form of revised model.

"But" - again
the current share price is about the same as after the rally following the Sept Qtly (and it's very positive description of the observed, but not analysed drill results that are to be officially reported soon) - so, to what extent is todays price just factoring in expected confirmation of the good indications from last Septs Qtly?

that's an honest question, if anybody has some thoughts on that.