Ann: Company Presentation, page-11

The 17500 ounce resource at 4.5g/t is merely an estimate from the very limited drilling done thus far.

Have you seen how many holes they have drilled?

Not many at all really. Gold resources are very hard to define and require a fair amount of drilling to expand it.

Imo it's a very good start to get to 17500 ounces with the very limited drilling. And at a very high grade.

I didn't think overall costs were too bad. They went through last quarter and spent 600k and did 800m of diamond drilling too. That isn't too bad in my books .

I'm very comfortable holding this stock if you are not I suggest you sell.