chrispars24...in a word.....Decaf.
By your own admission, you've done some shameless pumping. Decaf might help you to read more carefully.
Page 8 of the 43-101 Report on Mulga Tank:
"BHP carried out diamond coring using a Foxmobile top-drive rig and RC drilling using a truck mounted Schramm. Vertical RC drill holes totaling 2,261m were completed over 5 lines at the southern margin of the dunite body with assays in the range 0.2% to 0.5% Ni, including a highly anomalous value of 2.0% Ni over a 1600m strike length. The body remains open in all directions."
The paragraph is written poorly; there could be a comma after "2.0% Ni", or otherwise have been structured differently. However, the drill result tables, maps, and cross sections provided in the report clearly show that 2.0% Ni was found only in one small section of drilling assay (2m, page 12). There is no 1600m assay of 2.0% Ni. The 1600m strike length refers to the drilled "fences" length, the strike length of found mineralization. Refer to the cross sections if you need clarification.
Further, the income from the petroleum royalty might be C$75k per year from the financials. Even if they get to C$100k in income, this won't even cover half of uncle Ian's related party transactions. How much dilution do you think this avoids?
I don't have a problem with gambling. Neither does Pinetree. The wait for management to do something with this stock other than PP's has been difficult. But I don't want some newbie to get smoked with someone's irrational exuberance. I'm sure you don't either.
Right?