If NOT was in an established mining camp and had a DE-1 with a NI43-101 resource estimate we would be trading at 20% of the in ground $value plus a property premium for the untested anomolies. By my estimates, and I'm sure everyone has there own, we have around $7 billion in the ground. The property premium would be around $100-150 million. So we would be talking about ~1.5 billion FMV divided by 126 million shares for ~11.5/share.

DE-2 is a challenge because it could be amazing (composition and grade similar to DE-1) or a teaser of little economic value. We won't know until we get the assays. If its amazing then the likelihood of DE-1 and DE-2 being connected/related increases dramatically and the SP goes through the roof. If it a teaser the ~$11.5 stands on its own. Normally we would have assays before knowing we hit a zone so things are far from normal with the situation around DE-2.

My read is that DE-1 will continue to add on tonnage and $ value. I'm hoping that DE-2 has significant assays. If DE-2 has significant assays then the property premium for the other anomolies skyrockets and many of you very Long Longs will be very rich instead of just rich the rest of us not-so-longs will be 'well off'.

.... Been There