RE: We found FDN2!!!You'd be wise not to get ahead of yourself......this NR today has made things very interesting....it very well could be the mother lode.....however, all of this was based by geological observations only i.e. they looked at the cores and they looked encouraging.
If you have been around long enough you will know of times when companies release similar NR's (that they've got "visible minerlization") but the assays turn out to be disappointing.
Not saying that's what's going to happen, just saying it is possible...and if you think things like that haven't happened before, then you haven't been around mining companies very long.
That being said, if the assays come back and the minerlization actually contains significant amounts of gold (because it doesn't always....one of the first things you'll learn in a Geology class about minerals is that while gold is often associated with certain minerals, usually sulfides such as pyrite, but also can be found in Silicates, such as quartz....... that does NOT mean that all pyrite or quartz has gold in it...Quartz itself is the most common mineral on the Earth)......then this thing could truly explode, given the wealthy neighbour (Kinross, which would probably love to buy EC) and the history of ARU.
But again, do not assume that this thing is a done deal jsut yet.