According to a friend, the Ormetal Report indicated we should be trading at $6 NOW.

One thing that I haven't heard mentioned is that Canplats does have a 43-101 already issued. It was released on June 18, 2008. NOTE: It does not contain a resource estimate but it has a great technical review of the geology, land position and historical review of the discovery and development of Represa. The greatest graphic shows the 7 additional targets identified by aero-magnetics and mapping. Numerous areas of hydrothermal alteration are shown proximal to inferred intrusives. The IP survey included does not cover the tensor IP work that has been underway since May 2008.

Also included is an anaysis of the QC-QA program for the RC drilling and the early DD program. These give an early hint as to the nature of the gold particle size. The 43-101 gives recommendations for an expanded exploration program and suggests changes to the QC-QA program. This is important because the resource estimate relies on the drill assays and the level of confidence depends on the consistent reliability of those assays. I'm sure those changes have been made and we will get a good resource estimate in the coming 43-101 resource evaluation.

I have posted 3 images from the 43-101 that I think are worth viewing in the PHOTO section, check it out.

The 43-101 is long and technical, but is a great DD document worth studying. Use it to do your own DD.