But would they get the drill cores in time? How much will it cost to get drill cores and how much extra information would they get from one drill hole in each target versus showing the potential on the MIRA's alone? I don't actually know the answer but I suspect we're getting close to not enough extra value to be worth the dilution, even if the results were delivered in time. Also, maybe those cores that we haven't yet received the data on were not promising enough to warrant continuing? We don't know.

I am admittedly fuzzy on the logic of the money that EE invests. I just believe that there is a funding situation currently that doesn't give us unlimited amounts. We can't go to the open market without more incentive and we don't want to pay the broker fees to go outside EE. Ernesto tends to only give as much as is needed to cover the costs and drips it out over time.

I think the Arizona properties were a significant change of plan for Ernesto's investments and the Copper Fox endgame. They have stopped looking at the end this year and are thinking more in terms of a liquidity event to be followed by another great opportunity. It's all very well to be certain about the return, but in reality we can't be certain. If I were Ernesto, I would prefer to realize the profit from what I've invested over the years and then go forward with another project than keep putting more and more funds in right to the bitter end chasing that last drill hole.