All this talk about T.A.

I am surely not an expert in TA and while I find the whole area of study fasinating, like anything, it does appear to have it's limitations. One thing is for certain.....you can't forget about the fundamentals....pure and simple.

As many have stated.....we have cash, 43-101 with E1a, a 43-101 coming for BB1 & BB2....we have AT-12....we have vanadium and titanium.....we have hole 49....let's spend a minute here on hole 49

Two sections...the first being 178 meters and the second being 149 meters.....eagle one across the widest section didn't produce even 149 meters....therefore, the other missing dimentions would have to be much less for even a triple in size. The snowman theory, although very unscientific, does paint an interesting and quite realistic picture based on the known values to date. And what's with the secret nature of the drill hole locations? We've all heard the rumors....even minimized, we get a step out of 100 meters....we didn't get no 100 meter step out for eagle one....great potential.

So then....how much of all this is already built into our stock price? Taking a bottom up approach....what would be the absolute bottom in the event of another huge market crash? Possibly to our cash value...with no value whatsoever for any deposits.

I guess the real issue here.....in pricing the value of the various deposits....first we need the economics to assure us of a mine. Seems that is the missing piece thus far. Could those secretive hole locations be the missing link? Once that is assured, not only will that add huge value to the eagle's nest deposits; now the chromite has value....AT-12 has value....other area play deposits have value.....

Regardless.....at this price, we have good value. At a lower price, the TA may say sell... but, at a lower price, I see great value. And even lower......excellent value. Therefore, putting TA aside, I will accumulate more at lower prices if this continues to get beaten down. Maybe not a good strategy....ignoring TA's completely...but, when the fundamentals are this good.

P.S. I feel something happened on July 15...something big....I don't think we got the full scoop there yet....that is, unless the leak was preliminary assay results for hole 49.

I always welcome comments.......Good luck to all