In respose to a PM, yes, what I've suggested by these estimates is quite overly simplified, but as speculators we have to use something to assist our risk/reward analysis. Short-cuts are needed where one can otherwise be overwhelmed with detail and suppositions where far too little is known, but where one is attracted by the possibilities as suggested by exploration work.

For instance, nothing I presened in the last few posts includes credits for by products of breccia pipe mining which will include copper, lead, zinc, silver, and vanadium. To what extent these things can influence income we can not know at this point, but these can be relatively significant.

Let's not get too complicated at this stage, but do understand there is likely to be incredible value in NPSP. That's why JB had earlier wanted to hold this in reserve as a long term cash cow, though that option seems to have changed based on developments/news on Hay Mountain geophysics.

By the way, I first began to pay serious notice to this company when they acquired these claims, and even bought some shares then (and later sold for lack of progress). I came back as things began to heat up in Alaska. That claims in Souther Arizona have been added since is more than just a lucky break, IMO, and now too the pipes are back in the picture (with a deal pending).

My point is, I've previously been in uranium ventures in Canada and Argentina so am not new to this. By that I do not mean to call myself an expert, but neither am I a novice. ...do your own DD.

VP