You got me curious enough... to go find Mr. Macy's post! Yes good post!

In JB's 7/21/2014 communication he stated:

"It is anticipated that from these meetings the Company can proceed to a memorandum of understanding (MOU) and or a letter of intent (LOI) with the final objective, an executed contract funding the Hay Mountain Project."

HKipp spoke of literal interpretation, and I would think "funding the Hay Mountain Project" means...... in that $65 million dollar range!