RE:Cobalt Grade PerspectiveThanks for the picture,The historical drilling by Teledyne Canada (in the early 1980s) resulted in a resource estimate: 3.0 oz/t Ag and 0.45% cobalt, contained in 75,000 tonnes of ore. None of these numbers are NI 43-101 compliant. In the early 80s , Glencore property was explored by 36 surface diamond drill holes totaling 3,323 m. The drilling program outlined two separate vein systems hosting significant cobalt and silver values. The two zones are known as the Main Zone, measuring 152.4 m in length, and the Northwest Zone, measuring 70.0 m in length. The Main Zone had a north-south strike, which is hypothesized as the southern extension of the #3 vein from the Cobalt Contact Mine located immediately to the north of lease #585 (Bresee, 1982). Additional work was recommended but never completed due to a downturn in cobalt prices at the time. What makes the difference is the deal to be joint venture with Glencore which will propel the price of the share. Terms of the Acquisition Production Royalty - The Royalty will consist of a 3.5% of Net Smelter Return calculated on a quarterly basis on all Products extracted from, processed and sold that originate from mining operations on the Property from and after Commercial Production. One-half (1/2) of the Royalty can be purchased for $1,000,000 payable to the Vendor or its assignee; Back-In Option from and after the Closing Date, subject to Glencore or an affiliate, determining that a discovery of one or more ore bodies having a minimum aggregate in-situ value of $100M or more from which minerals can be feasibly extracted, the Purchaser grants to the Vendor or its nominated affiliate an irrevocable, sole and exclusive right and option to acquire from the Purchaser a 51% interest in the Property and all Property Rights, free and clear of all burdens of any nature or kind. Once the Back-in Option is exercised a joint venture will be formed and a management committee established with representatives of both companies. I am already in profits and it is only the beginning and I like the last comments from Dwayne Melrose : As the cobalt and associated (copper, silver, lead and zinc) mineralization that was intersected is close to surface, this could potentially make the property attractive for a future toll milling scenario"