The emphasis on the original area of interest was asked for and delivered.

For a year now I've pestered Elmer about the South. Finally we see something done. Last year I asked if we could get dome field work on the south and he said if the money could be scraped together he would do it. I said we needed just 1 hole please awe pretty please. My hunch was that despite the thrust fault he spoke about that there would be gold. I had a number of reasons to think so. He said it would be broken up meaning not that large but I thought we'd find it was deep. This chunk, all of it, is twisted counter clockwise and so what might be thought of as the tail is actually the head. Where do the pm's form? Around the walls of the fault source. What happened when the Hickman formed? Hmmm. So now we fly 17km of the south! Yahoooo. I'm betting Teck's getting mighty interested. Look at what the original consolidation applies to. Then look at what lies around it. Man it feels good to be vindicated. I was beginning to think this would never happen. And then it did. So do I smack Elmer when I see him or hand him a cigar. lol.

Teasing? Oh hell ya. I think Mister conservative knew this all along. (Elmer, what part of Scotland are you from) It's one thing for me to spout theories and quite another for him to spend huge cash on a bet. In chess we say it's always easier to take risks with someone else's pieces. But now I question. Is this for us or Teck. We did complete our obligations to Teck but we actually made off with the real meat and potatoes. And we owe nothing to Teck. It's ours.

So here's my take on it.

This should have happened last year IMO. Elmer the shrewd bugger (and I hope your reading this so you can tell me how close I am) used our budget brilliantly. We had crap for a budget and yet we got the pick of the properties. (I hope my hunches had some influence there) This is why Teck suddenly came to life and started staking. (6 months ago they woke up) Teck might know we got the best properties but they will take averything else. Don't be surprised to see Teck option off other properties to other JR co's. I bet this happens soon. We are not interested in those. I'm betting we are going to turn up eye opening results when we do get around to drilling some of the juicier parts but that will be 2.0's data in 2014's work plan.

About the map merging. This is a strategic thing. Elmer doesn't need it to know what's the best land nor to plot his drills. The initial data is enough. Go look at the hand drawn stuff from the 60's, even that was good enough for rough guesses. Now add 3d and colour contoured maps. Mmmm gravy. No folks, what this is about is selling 2.0. This is a district scale map in composite high resolution. It's not a flash animation it's a vermil cad capable of fly over and zoom. It even shows density. We might only get the 3d tool to play with but the full version can do a lot more. This kind of production allows you to sell plots to the highest bidder. (Have I said too much?) They have a very high odds of success with what they buy. Once our deal is done a new company emerges and it has built in capital resources. 2.0 is worth more than 1.0

Tom,

That was nice. I hope it's just for consideration becaquse it's worth more. It will contain what I expect it and it is an important gateway to the north. (The spill over from the conductor should be present for up to a km from the epicenter.)

A few last things.

If the RE comes out anywhere near time then the consideration clock begins for Teck asap. This is where they have to internally formalize their offer. The market thing to do is feed us data and hold back the RE until the end of June. Then follow that 3 weeks later with the FS (Get past the 4th of July and let things settle.) If you want bang for the buck this is the correct timing. Delaying the RE let's us accumulate and trade too. The stunning thing to do is hit us with the RE and 10 days later the FS followed by 2.0's new data. Now that would be a splash.

And now folks I have to stop talking to you. No more macro advise and no more trade advice. This is where it gets serious.