I had a verbal as well. Obviously not good enough. We need to have further information about how much water is to be used and why Elmer thinks it is going to be okay.

Even though we're a Canadian company I doubt we have plans to actually mine the project. By the time the water is poured down the hole it should be by one of the Majors that are working within spitting distance. They would have the water available for their current operations.

I did read that they told the locals we could be mining in 2017. That was perceived as a good thing because jobs are scarce. They weren't objecting, they were hoping it was sooner.

Getting back to Eaglehead, I understand that Elmer would prefer to do the mundane work of core re-logging this year. I don't know though if the management at Carmax will want to go ahead with a program like that because it would be hard for them to pump that sort of result. If you did any reading on the old documents they produced you will see that the QP's disallowed some of the minerals because of the state of the cores. For instance, they didn't split the cores or they took whole sections rather than grinding up a full split core for their tests. (I don't really now how they do the testing but I read they didn't submit the cores properly.)

I don't know who is going to win that battle but they need to do a lot of background work to see even where to drill now for maximum effect. Boring organizational work that won't improve the share price.