BOW,

I believe that is a correct assumption, here are few more key comments in the article:

VALUATION
-Without looking too much at the mining yet, we can throw together
some rough numbers. Using GUY as a model, we could see ARU being
worth at least $100/oz, potential more since larger deposits often get a
premium. At 9-10 MMoz, you would be looking at a share price of $28-
$32, and still you are getting additional upside at FDN and the regional
targets for nothing. (GUY is trading at about $90/oz today including
cash—we believe it will go higher) believe that would be correct.

This is only the third target drilled of about thirty targets on the
Aurelian property. As indicated by the Sprott report their seems to be
much more Gold on this property. In 2003 9 meters of 51 g/t of Gold
were drilled at Aguas Mesas, one kilometre north of FDN. So after less
then 15 drill holes, with all except two, presented spectacular results
nobody expects this discovery to be complete.

We still have much work to do on Tesoro with respect to drilled holes to get to this acutal scenerio but IMO this is where we are all hoping it goes....Aurealian did I believe get upto 60 some holes drilled prior to the takeover.

Go Long.......