Only 2 holes from previous owners' were ever tested for cobalt I think, so I'd have thought it would make more sense to re-drill along the known resource to prove if cobalt exists throughout, and if so give an indication of potential higher grade areas to be further targeted, rather than drill uncertain areas.
Might be worth you going over all the previous information, I agree on first glance that this resource looks silly. I only researched deeper because our now MD at the time was a significant holder and was also working for the company. After I went right back through properly I came to the conclusion that this potentially has a lot going for it.
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