Great post hotmuck, dollar wise WEL is not one of my bigger investments, however I might buy some more today at these prices. The average depth of the holes was around 130 meters. Did Sangold ever drill a hole that had any gold above 100 meters? I agree structure first, then targets. Drilling is very expensive and as we have heard it is not easy to keep the drill bit going straight when you are drilling deep. It is all about getting the most bang for your exploration dollars.