Hello Been There,

Is it recently that Raymond James raised the traget to $4.1? If so he might need to come out with another target, since with today's Hi (so far) of $3.80, the SP is within striking distance (~8%) of the target of $4.1. An 8% gap can easily be chewed up in 1 day if there is another NR saying... long intercepts with high grades, something like 5 gpt over 100m, or 10 gpt over 50m, or 15 gpt over 30m.

If I were Raymond James I would up the anti a bit with an interim target of at least $5/s given the results we have seen to-date.

8 drills on the lake?...this is not typical Dave to go whole hog like this, unless he knows "what lies beneath" either from some glittering visuals (sun glasses required) or some "early warning" reading from a portable XRF machine (perhaps not "off-scale" when you hit over 9999 counts with your hand-held scintillation counter for uramium exploration, but some nice order of magnitude, say 20 gpt... and the XRF would announce "yup, it's Au alright").

Next resource estimate 10+Moz, including the HGZ (under most of the lake).

Just some iddle speculation, folks.

goldhunter