Forget the Hit Ratio!

One thing that is very clear is, (as much of the Good Stuff is there, and in Abundance, but seems to be sort of EVERYWHERE) when this is mined ALL the High Grade WILL be Taken Out!

Now, OK, do not forget the Hit Ratio in terms of actual Exploration. It is a necessary part of the Exploration Process. Keep it well in mind!

Why?

Because it tells us that other than being a Devil to Drill, this Deposit is very Mine Development FRIENDLY, in that, as I stated above, ALL the High Grade CAN be Mined.

And that, Buddy Boys (and Gals) will make for a Very Rapid Pay Back on Initial Development Costs!

After Pay Back, there will be PLENTY of Very Decent Grade (Very Decent Indeed) to keep this Mine operating for a very long time, AND with a very decent Annual Share Holder DIVIDEND.

Old Joe

PS: I can only Imagine that there is so much more there that ESTIMATING How Much would be like doing something the same over a Hundred Years Ago in what subsequently became known as the Sudbury Basin. Down There they are still Estimating! With No End in Sight!!!

PPS: Time FWR got to Drilling the JV Bulls Eye! Very well could ADD to Every One's Nickel! FWR & NOT!