Ann: Expansion Potential Continues High Grade Hit in New Zone, page-9

PAC Partners have been Joint Lead Managers on $15.5 million of placements over three tranches, so they must be on pretty close terms with the Eagle Mountain executive. For sure they would have a good idea of price estimation for EM2, did they give a rough timeframe for the 76 ¢ share price? Your broker to the brokers is right, it is very conservative, particularly if Red Hawk and OREX come back looking solid.

Steady rises in price with the usual pullbacks after a jump are good though. Huge hot spikes in price scare the bejeezus out of me. That said, if the next hole intersects 90 m at 4% Cu and 4 g/t Au, let's all have a party as the price busts through the roof.