I'm trying to understand how the market has that company valued with a current SP of 1.70 with about 170 million o/s shares and analysts putting a target of $4?

We saw the SP jump a week ago from 90 cents to 1.50 in one day on the assays being released. Although there were a couple of holes with strong values it seems to me that the overall average g/ton is below 2. They are hoping for a 5 million ounce deposit, over only a couple of kms, in Africa, very close to terrorists.

Now, I believe we have historic drilling results which give us 1.5 - 2g/t, bulk sampling more than double that. If we come out with assays averaging those numbers for the recent drilling, and a few holes with some crazy numbers like 80g/t over 2 meters or so, and let's say 100 million tons of ore from this area. What do you think it could do to our SP?

Hopefully, Mr. Tilsley will be reporting the very large crazy assays as I'm sure that all the juniors out there report their best results. We all know that there will be some zeros or insignificant results from some holes, that is of no concern.

If we can prove up the 100 million tonnage by Christmas, then I'm sure that the next new issue can be done like CAN just did, incredibly at 1.40 already, and the stock still ended up in the green today. So, contrary to what twilight thinks, I don't think that we should be seeing heavy dilution of our float. Providing that the market likes what the assays tell us, and for that reason, don't hold anything back because you think it might be an anomaly.

:) Skier59