more high grade results at hob, inc..., page-34

Martie,

Lots of explorers use eq pricing (that are not producers). YTC, VXR, CDU all quote eq grades for example. They also quote the actual grades. Don't forget that one hole today had combined 20% lead + Zinc. This would make any Lead/Zinc producer proud, let alone the 3%+ copper in the same section.

In fact, lots of Silver miners crow about 100gt Silver... this is only an afterthought in these holes.

Yes, there lots of unknowns yet. What's at depth in the Primary (sulphides) zone? Does it extend east and west under cover? etc etc.

But put this into context. They own the resource 100% and they have a market cap of $15m. Look at SIR, they have as many unknowns (maybe even more), and the SIR deposit is valued at 15 times that of this one.

I see value in KDR at current prices.