snug, your post recieved 25 rec's (so, many folks agree with you) but i will say this.

if we HAD conclusive evidence already, the speculation would be gone from this play. the only way i know of to make a judgement call on a stock this speculative is to take the info on hand and make an "educated guess"...

i gave the reasons for my educated guess based on what we know now and i find them credible. there was'nt a lot of blue sky or crazy assumptions there.

my assumptions are that it looks right now that gnh is going to be able to show a minimum of 40M/t...based on PR's and conversations with GNH i believe tilsley will be able to get a 43-101 this year. the rest of my projections/numbers are facts based on current data.

anyway, those are my thoughts, take them for what they're worth but if you wait for conclusive evidence before you buy into a spec stock then i think that kinda negates the whole point of buying speculative plays.