Did people really expect the first holes to produce skyrocket numbers when previous drilling was in the .5 - 1.25 range for Buffalo Gulch drilling? Due to weather conditions, was Pem able to locate that needle in the haystack location on their first try or were they just attempting to prove there was actually gold in the area shown by previous geophysics including IP dipole work?

http://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00005295&fileName=/csfsprod/data49/filings/00689983/00000001/C%3A%5Csedarpdf%5Cbtptr915.pdf

MRDI concluded that the project would be economically viable at a gold price of US$400 per ounce.