Impressive Results, page-36

Yes WA I think the punters were expected more from the drilling at the gossan, have been spooked by a few people casting doubts why they are drilling there and in that concentration (I get why they are doing it) and seem to have completely overlooked that bit of info. about the pipes - emphasis on the plural.

one of the things the doubters are saying is something like "how much tonnage can there really be on such as small tenement" and the drill results so far have done little to prove that wrong. quality is high but the quantity is yet to be proven up.

I see where they are coming from - back of envelope I got something like maybe an extra 150-200 tonnes of copper for this drilling which is nowhere near enough - I think people were expecting more. I don't feel the company hyped it; I just think people got excited and didn't read what the drilling program was really about. Maybe some knockers will say "but that is probably counted for in the existing JORC" so you're double counting. Don't agree as hole 0070 to me is clearly a new find.

The multiple pipes theory (and its just that at this stage) says that there is potential for greater tonnage and who knows what there is at depth. Company has to prove it - I believe the theory being espoused by the geo and I'm happy to be patient.

with plenty of money in the bank why is the company not going to depth? do they really need to wait for DHEM to identify the direction of the pipes and additional targets? you probably have the answer to that question so I'd love to hear it from you.