We haven't had any significant analysis on here about the results so, I thought I'd share my opinion.

Overall I think the results were fairly good. Yes, the grades were much lower than what people hoped but, we all know that we are going to hit bulk areas and we are going to hit high grade areas. They announced that there are 5 holes pending assays that were targeted at high-grade (this is what the market wants to see because, we need significant high-grade to build the mine so that we can mine the bulk areas). I believe the 5 pending holes are 33, 34, 36, 37, 39. They have been targeted around holes 03, 07, 20 and these should produce some better grading results.

Secondly, we have identified another type of mineralization. Intermediate porphyry generally are also low grade deposites but, they are also one of the most common types of mines in North America. Think about this, we have 2 deposits formed at different times stacked on top of eachother. 1 of the deposits we didn't even know that it existed and hasn't been explored (AT ALL). There is a good chance there will be a lot more gold at depth. Intermediate prophyry systems can have some high-grade areas of >10g/t.

If you would like to read about another large Prophyry gold deposit here is a link to one of Osisko's 43-101. http://www.osisko.com/en/exploration/canadian-malartic-geology.html

The next few weeks will be rough but, if you are long this company still has a lot of potential.

Pivotal