Good discussion gents. IMO, good points made by all and all plausible possibilities from where we sit on the outside.
Now a tough hypothetical question for all to respond to.....if we do find significant gold in our mother hole and get taken out, what could we legitimately get bought out for with just the grades from one hole?
Unless we got $5 per share, I'd say we need to drill the rest of the iron formation trend. I'm not sure we could get more than $1.50 per share after one hole and for my liking, that is not enough. We could possible have another GEA in the making if the trend proves out to be strong and then you would have the nose fold to explore.
Anyway, what is everyone's hypothetical guess knowing that we are probably going too far out on the speculation limb?