Moss mine/northern vertexBig exploration news out from NEE which jumped up 15% yesterday.New drill results reported in the vicinity of the open pit at the Moss mine on which Patriot of course has the royalty .One of the issues with the Moss mine has been its longevity .The newly discovered Ruth vein close by where they are mining is very significant .Over 100 meters of 0.79 grams per ton plus 0.75 ounces of silver reported today with higher grade zones found in the drill hole .This will mean that mine life will be extended ,doesnt sound like it will take too much to either extend the pit or set up a satellite pit to mine the new deposit .Extends the life of the mine and PGOLS royalty payments .At a p/e of 5 PGOL is worth 15 million,a p/e of 10, 30 million and a p/e of 20 ,60 million almost 10 times current value .Expect a drilling announcement soon from PGOL on one of its other prospects .They have plently of money to drill and declare a dividend .