A friend who knows says there will be more buying from his group but they say tax selling has already begun. We have a difference of opinion on how much time there will be for accumulation. I think an offer will come before Dec 25 and they think the BFS will come right after the Jan holidays. We both agree that 4 holes will wow us but we can't predict when they will come. Elmer said other companies have a 7 week delay. 411-415 should have been completed in the last week of Sept. So results should start this week or next. (Depends on how you count the days). The hole completion is almost 1 a week. so results could come like that too. Yes, there are technical results that should just go straight to SEDAR or come out in the appropriate study. But, that is done so the results we should get should all be exploration and confirmation.

Given the bigger picture, we have tax loss starting a bit early and the Greek stuff so shares should remain cheap for now. I think we will see 2 to 5 cents a day for the next 10 days? After that anyone wanting in that still has a long way to go will be forced to accelerate buying. The volume is low and this fits the general picture. We should watch the volume closely.