RE:RE:RE:RE:.30 and countingToday and yesterday are most likely a product of the drilling results speaking for themselves (both the final 2 holes of Phase 2 and the summary of the results achieved over the entire Phase 1 & Phase 2 drilling campaign) for those who like to dig into the geology, the favourable macro effect of the price of gold (spot and futures), Bank of America's Chief Commodities Strategist coming out late yesterday calling for $3000 gold in 18 months and AGG having a story to tell (no more waiting for drill results) probably messaged Hybrid Financial (the marketing company AGG has retained) being full stride into their mandate which began in the first week of April. In terms of the details of the results of the final 2 holes of Phase 2, they are classic examples of the "nugget effect - and I am not a geologist but here goes : the phenomenon where the gold is nowhere near evenly distributed in the ore body, but is nuggety or coarse gold and traditional assay tests tend to the understate the true grade. The final 2 holes of Phase 2 (much like all the other hole results of both Phases) demonstrates the erratic and localized (narrow intercepts) of economic (high) grade largely interspersed with low or no grade intersects within a core sample. And diamond drilling is particularly bad for determining the true grade of nuggety / coarse gold deposits (it is good for other reasons such as testing continuity or depth ie you can drill down hundreds of meters which you can't do with bulk sampling), because the resulting sample size for assaying is small - think of how narrow the drill core is for diamond core drilling. You are literally trying to intersect gold which is nuggety in the ground with a needle. Bulk sampling, on the other hand, which is taken in large sample sizes from shallow depths, but grabbing bigger volumes of ore (the sample support) has a greater chance of scooping up the gold bearing ore for larger sized sample assaying (actual amount of material analyzed) . Lalonde, the former Chief Geologist of AGG, demonstrated that the nugget effect at Kobada probably results in the gold grade being understated by at least 50% (see AGG press release February 11, 2014). So when that Stockwatch Newsletter of yesterday calls out AGG for describing the hole delivering 1.5 average g/t over23m (the majority of which is composed of 1.1 m at 30g/t) or the second hole delivering 5.5 grams g/t over 22m (the majority of which is composed of 120 g/t over 1 m) as significant, "exceptional" or otherwise, they havent done their homework on Kobada because the 1.5 g/t actually represents a 50% increase in the grade used in the Mineral Resource and Reserve Estimate, and is probably understated by another 50% due to the nugget effect and the 5.5 g/t hole is an extreme result of the nuggety deposit. Both holes were great. The positive macro effect of the price of gold co-operating and Hybrid out there telling the AGG story are self-explanatory.