Thoughts on these 2 ann, page-9

R15, agree and the ann says they haven't given up so always good to keep an open mind either way to see what else can be done, this information gathered will be invaluable to the future drills so whatever happens.

The recent Proactive Investors report quote "assigns this median valuation to Grand Gulf Energy which is currently producing 188 BOEPD for a projected valuation of $15.3 million or $0.023 per share (including cash)." Note this number did not include Louise.

West Klondike will now add a little to that valuation now it is producing. A few lined up for some .011's today, perhaps they have a better understanding of the bigger picture than the sellers? Time will tell.

As you say, best to read the ann's (particularly the old ones), there is more than enough info for us to form an educated opinion on where things are at and manage risk accordingly. Next weeks drilling report could be interesting and an observation from past would be to watch the bottom of page for any ST planned.
GLTA