It seems to me that there is far too much emphasis put on getting good Gold Grades in the 1st hole or 2nd/3rd hole.
I believe the good grades are still there & they will locate them but whether it's the 5th Drill Hole or 10th or 15th, is not for us to know. The macro picture hasn't changed, this is after all about gold exploration.
The swings in SP from 29c to 6.2c reflect measuring by the short term and to me that doesn't make sense. Then again the hype about "visible gold" was part of the problem.
Good gold grades will speak for themselves and there are a lot more drill holes before the fat lady has sung.
SP?, page-130
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