Money going in the ground where we want it, not in management's...

Money going in the ground where we want it, not in management's pockets.

They wouldn't need that much more success on the Ladar Lake - Cadillac fault to make it worth much more than they have spent on it. Fig4 of the quarterly shows the company already has an inferred resource of 146koz @ 4.1g/t (and 30koz at 4.2g/t indicated) just east of the Chimo mine on this structure and tenure.

The drilling they have done on the north contact has produced results and there are kms to explore along this contact, the Ladar Lake - Cadillac fault and other parallel zones.

I don't think you can write this prospect off yet. With the huge total gold endowment along these lineaments, >100Moz, this ground has real promise to become very valuable. Take a closer look at the monster gold camps along the extent of this fault system (below). Even if the company only finds the little bother of one of these >20Moz camps, it should have some reasonable value. The fertility of this fault system is not matched by anything we have in Western Australia, even when you look at Kalgoorlie and surrounds. Esh