I keep going back to compare our results to those of Northern Graphite. If you look at their overall results they have some 80 million tonnes of rock at 1.57%-1.81%. We have to date much better results and chances of better grades with more drilling.  If they can continue to hit 3-4% graphite over the system this thing could be a rather large higher grade project. If you take the grades they have hit and look at the 25km long structure it adds up pretty quickly. 500m+ tonnes is easily conceivable over this distance, and talking to the company in the fall they said they would not be surprised to see close to 1b tonnes.

Now what I didn't like is how the company made the market expect huge grades from the drilling. This was amateurish to say the least and it really hurt their credibility going forward. Have they re-grouped and are they ready to move forward? So far I would say no, but am holding tight because the results so far are not bad and could easily be robustly economical. I look forward to hearing something more from the BOD soon...