Ann: High Grade Assays Continue at Callisto, page-82

Yes, and that is what I think GAL’s strategy should be. Go hard on the drilling (and again, some answers may be uncomfortable) - step out further than what they currently have done, try to delineate the deposit and get a JORC early, even if it is in the lower categories.

If this proves up something of scale, it will get others interested.

Drilling out a resource (to do a resource to reserve conversion) is extremely expensive.. GAL can only do that with substantial dilution to SH’s.

The best transaction I have seen recently is how CZI (Cassini Resources) morphed the West Musgrave project into OZL. I believed in the CZI story, and my average was around 3c/share for a substantial amount. I five-bagged after they clinched the deal with OZL. GAL should do the same, leave the expensive stuff (and risk) to others, and do enough to divest at a good premium. Any shareholder that wants to continue the ride, they can always then take that money and invest into the acquisitioner.