One point that I didn't cover is the costs of deep drilling if that is where the Eagle 1 extension is. Drilling to depths greater then 600 to 1000 m is a totally different game then surface to 500 m. One of the reasons for investing in this speculative stock was the float. This advantage is slowly disappearing and will keep going south until we get some decent intersections. I fully anticipate NOT to hit on some deep holes but for FNC to chase mineralization to such depths could result in substantial dilution.

Better to chase gold at Beauce now that GNH has shown that SGH is possible a great geo-chem tool. At lease that's how I see it.

meadow hen