You need remedial reading lessons. The drilling program has commenced but the meta studies have "initiated". To initiate a program means to start or begin. Maybe poor choice of words but words matter.

Further confusion abounds with the EH drilling program. The point of looking at the historical data was, according to ES, to determine if they could use it INSTEAD of drilling new holes to obtain a resource estimate. Now he says they are looking at new drill holes to further expand / understand the scope of the deposit.  Which is it? 

I note your rebuttal failed  to comment on the lack of funds to complete all these studies this year. As for monetization, ES has missed far more timelines than anyone here can remember. That's putting a kind characterization on his past statements. 

These are all facts not glorified spin. 

Sell just one asset for anything and I will leave this site. Go ahead Elmer, I dare you.