There has been much much more historic exploration on Thompson...

There has been much much more historic exploration on Thompson Bros than on the FAR Resources property. This is the reason Nova are getting much better results. The access to the Nova property is also easier and explains the amount of historic exploration that was done on The Thompson Bros Property.

I knew dyke 1 at Zoro wouldn’t yield a spectacular result as it is short and deep ( from memory only 280m long ). Drilling FAR had done hadn’t indicated much in the way of lateral extensions.

Another thing to note is that market cap on FAR in January ( around CAD $100M ) went way beyond what it should have for a historic resource of only 1.8Mt. They didn’t have the runs on the board to justify the market cap they reached. The plunge in their market cap since then is partly because of the illness and death of their CEO, partly Morgan Stanley oversupply fears and their patchy drilling results.