"If probe was let lose where do you think we would be today? We are severely undervalued because.....? Probe can move quickly if it was allowed to run. It would be costly to bring the price below $1.70 if you start from say $3.40. I think Dave is going to pull some interesting cores for PDAC." Rosedale

If the "run" is allowed, then "cashed up" (apprx $17M) occurs; then another 50% increase in drilling (80,000 to 120,000 meters) can be announced at PDAC for 2013. This, plus "interesting cores" would justify the delay in the PEA, and provide time and justification to include data for another updated NR-43-101 to be included in the tba somewhat delayed PEA. This would also prevent a low ball takeover and action/ move up drilling the additional new drill targets (ie under the lake ice).

{spec on my part, but this is the fun part}. Peter