Vic I understood fully what you were saying. I don't think it was or is misinterpreted by anyone either.
While we are on the topic of Micon and how they do things, I liked that when they came aboard we found out that they requested that many pulps be re-assayed. As many of us saw, a great percentage of those re-assays came back higher. As well this will tend to make an educated guesstimate like James Darcel even more on the light side.
There definitely is very little being valued into this mining stock. Heck we used to try and figure out what it was worth based on it's cash on hand. Now throw in the speculative nickel component. What we will prove to have in the ground? Open pittable? Deep mine? A combination? Cost to mine? Where Nickel price is going? Who has the nickel in this area that the majors either want or need? We all know that Xstrata just mentioned they plan to increase production by 50% in 2010? How do they do that with Montcalm shut? For more speculation what are the credit minerals going to look like? That's something we never got to see with Swastika doing the cores. Maybe it was never asked for? Maybe it was too expensive to ask for ? Who knows.
Here we sit at sub 70 cents. We have +70 million shares out and we have a lot more on the table than just our Langmuir play. Some +25 million in cash etc.
It's going to be interesting, let's hope that having Clarus on board for these last couple months or so was/is worth it.
IMHO