I think that after we get the first drill results, an offer will surface. If we only have 2 drills there targeting the highest priority Quantec targets, then we will probably only have info from a couple holes. If a major makes an offer, I would like to see an offer based on as many holes as possible. Arequipa had that problem and had to scurry to drill as many holes as possible. They still got taken out at an excellent price but may have done better if they would have had more time to prove up extra resource. I know Andeans buyout price was high and based partly on the assumption that there was more gold there than they had proven up, but, they got paid for double, whereas they may have had 4 times that much.

If a couple holes shows us with the possibility of a million oz,s , the offer may be based on 5 mill in our case. Hog and BOW2U have run the numbers and know that there is most likely more like 20mill plus. If we know all our shareholders will hold out on an offer and we are able to prevent a premature takeover, that will be great. But what if we cant?