IMO, here's the central revelation...

"...this is the first visible copper mineralization we have seen in the project surface area to date."

This could mean that econonic quantities of ore may be found at or near the surface. If so, start-up costs could be very much lower than earlier thought, meaning the value of the project could be higher than previously imagined. ...earlier cash flow goes to helping finance work that comes later.

This discovery, therefore, well warrants further study and whatever short-term delays it may impose on drilling plans.

"5. Other presentations have been made outside of the naseba agreement via GoToMeeting®. 6. We continue to work toward finalizing an agreement on the North Pipes Uranium project. 7. We have positive indications from our East Silver Bell potential JV, and we are working toward that agreement as well."

In other words, anything can happen at any time.

VP