Ann: Quarterly Activities and Cashflow Report, page-130

In the end, it is what it is.

We drilled 44 holes, 41 got assayed.
28 didn't intersect any sulphides.
Only 3 have decent mineralisation MAD152, MAD175 and MARC128 , the rest are too thin and/or low grade.

We spent a lot of money (6.1m$) on that campaign and didn't get much out of it and it reflects in the share price. Explorers have to find economical deposits, that what they exist for.

Now, we can either bet on the next campaign to find something substantial or take the losses, there's no other choices.

I'm taking the bet that we find something at West end, Fish Hook or down plunge. If I'm wrong, I'll take my losses like a big boy.

To me, you don't get mineral systems spanning 5-10km and just get small nodules and very thin intersects. There has to be a big source somewhere that fed all of this. I'm just hoping it's not 2km underground.