well I've been looking at jr explorco's having nice runs in their SP after NR's. It is not with reporting across strikes that make them run, it is along strikes that gives them their real pop in SP. Having an intercept greater than 100m is sexy and gets attention. Well these guys don't tell you what you have at each meter (actually I haven't seen that from anybody else, only GNH so far) they would just say something like 150 meters averaging 2g/t with the following inclusions, 1 meter at 100g/t, 1.5 meter at 110g/t and so on.
So my feeling is until we drill along strike and really show the market that kind of info, we can't expect any tremendous SP appreciation. I'm actually very confident that with our nugget problem we might see some results like you calculated. Anyways, our goal right now is proving up 100 million tons of ore and that is what is being accomplished by drilling across strike.
:) Skier