with the caveat that i won't declare myself an expert either......

with the caveat that i won't declare myself an expert either... in isolation yes at those depths its nothing to be excited about yet (hence the share price), but more about defining the system. if they can prove the continuity over multiple kms, to the resource defined at grasmere then its a different question. also about developing the understanding of the geology - its an enormous land package, and the DHEM surveys are an iterative process of defining the land.

the drilling just starting at black hills/cymbric vale I think is much more exciting... solid high grade hits only 35m down. from what I understand, a big part of the recent raise went to Geoff Kinghorn (~$600k), Martin, and a series of close knit sophisticated investors, none of which account for any of the (small volume) selling recently. i'm more interested in where the money is, and seems like the right people are backing this project. not your usual ASX spec stock muppets.