Ann: MTC Acquires Van Chester and West Cobalt Projects, Ontario, page-60

Relax mate we r behaving as if thes are results from a drill campaign. The sell off due to poor tonnage at cancet and the seller has been exiting since on any sp spike. Now with delays it has forced the seller to exit and I believe must be pretty close to getting out completely. The cobalt story and interest will be based on these results and survey - that will provide the basis for the drill campaign in late august early September. Then we also need to see cancet being updated in Teagarden to the survey conducted in June and exploration program.
The market believes the focus is shifting to bay lake from cancet. I remind you to look at arl - it was sold down from 11 c to the 5s and the exploration results on gold revealed excellent samples moving it to 20 c on eventually. So unlike drilling these are not as clear cuteiththe trenching and samples. So remember this selling was before the cobalt.