twilight, thanks for the reply. i'm not sure why folks should be "more" scared (unless you're basing this on TA) ?
we know they are hitting some mineralization and most of us believe the new drill results will be in line with the last drill results. if the bulk sample results come back at 1/2gr per ton then we might have issues but i dont see that.
as far as reading the 43-101 goes i've read and re-read the thing a dozen times and it always comes down to the same thing. it will be difficult to prove grade but it does seem they are getting closer and it does prove to me that the low grades we get from the core samples underestimate the true grade by a big margin.
it is my belief that if we continue to show mineralization through core drilling (even at 1/2 gr/tn) then follow up with bulk sampling showing 3gr/ton eventially they will come up with a fairly reliable grade estimator for cores drilled.
as long as the latest drill results continue to show mineralization i'll continue to wait for the bulk sample results. eventially, i believe they'll be able to nail down a true resource estimate.