The assignment of grades to holes for which only have vague visual descriptions have been provided is exceedingly optomistic. I could post estimates with a geological story that could make the reader ecstatic or depressed based solely on what has been released. The bottom line is that we don't have assays yet so we will have to wait and see what they actually yield.

The only strong evidence that we have to date that there is something economic looking at E2 is that the company which has seen the core at E1 and E2 continues to drill it in the absence of assay feedback from the lab. I take that to mean that there is enough visual evidence for the drill geologist on site to infer that there is something there worth spending millions to drill.

That said, implying grades without a baseline for E2 is a complete wild ass guess. Even though it is stated that the post it is a guess the implied implied precision (to the 2nd decimal) and the status of the psoter as a high vote individual will lead many to conclude that we already have those grades in our pocket. We don't. We won't know what we have until we get some grades. We don't even know hope big of a pattern has been drilled at E2 or the locations of the holes. Is E2 a narrow plunging shoot being chased to depth or a long horizon being systematically drilled with a series of fences? The tonnage difference between those two scenarios can be extreme.

We have gotten used to high assays from E1 so we expect that the next will also be amazingly high grade. 2-2.5% NiEq (or the lower 1.5-1.75%) in the sulphides or 2-4g/t Pt in the Chromites would make a mine anywhere. Maybe we have them maybe we don't but I prefer to have some assays before inadvertently leading those that don't have the same knowledge base to understand that any guess at this point is just a wild ass guess that may or may not come true

... Been There