RE: My review of drill program and a conversationTOO CLASSY, I DADDYMACK4 also applaud you for a thoughtful and well presented post. in my experience though a tight lipped CEO is usually one who knows 1 of 2 things. either rock chip samples are very good or there is really not much in the way of a discovery.
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Daddymack,
Tony was tight-lipped because he didn't want to tell me what he thought might be insider information. There is no other conclusion to make from it.
I also want to add though that there are shades of grey between "black" and "white". While a drillhole may not be construed as a barnburner or great discovery all by itself, it could show ore-grade intercepts that will eventually result in upgrading the resource calculation. Enough drilling, and enough upgrades of the resource calculation, and you have a future mine.
Using a baseball analogy, we may or may not get "homeruns" here, but enough singles, and a good enough defense and we can win the game. I want everyone here to see the big picture and be realistic. Let us define what we are looking for here. I am looking for enough gold and silver mineralization as determined by gold and silver intercepts of at least minimum mining widths, to eventually justify what will be at least a small but very profitable mine. While the market would certainly get excited by big bonanza (size and grade) drill intercepts, I am not relying on such low probability results to feel good about this drill program. Instead, I am looking for enough good results to substantially increase the resource base and allow us to justify staying in the game with more drilling.
tooclassy