very nice

Cash position is very nice with 1 mil spent last quarter and 8.8 in the bank. Obviously the burn rate will increase as activities increase but a nice position to be in.

Looking at the drill results, many increase in % terms as the depth increases. That trend looks quite consistent and so we may have higher grades below.

Looking at the plant configuration/ through put (and very much ball park figures on low side), you can see about $1.25 per share in revenue. Costs have to come out to actually get the stuff but I doubt they will be anything like $1.00. Place a P/E on 8 on that and you get a very healthy share price.

Bon chance