Hey, that's a pretty darn interesting email you got from Brian, LGG - good work there. Doesn't change the picture a lot, but it's cheering and it does all make sense.

We have really quite "good" grades and very large extents, kilometers in strike and also 1000m of dip, although it's a hard rock situation with the veins somewhat narrow (but not really too bad). We're somewhere on the border or edge of "exciting" to the big companies that we know would likely have to buy us out to get anywhere, leaving aside the slightly lesser probability of developing ourself.

We're not in bad shape - we have indeed a lot of gold, at not high and not low concentrations. Our past results are impressive, better than the vast majority of other explorers' results that pop their stocks currently. But we need a tipping point - some somewhat richer subsection that a major mining company might like to "hinge" a mine development on. If you have a rich sub-area, suddenly all the development and financing questions start to make sense and you get enthusiasm.

So that's what I'm holding out for. Both the near-surface area next to Sage, and particularly the GM at depth, hold out promise. I keep thinking, Red Lake at 2500 to 3500 m depth, but of course that's not what we're drilling now, sigh. Cost, time and good mining sense.

We already have large areas of approximately 10(g/t)*m gold concentration, which is certainly nothing to sneeze at. Some significant area of 15-20(g/t)*m gold would push us into feasibility and a much higher stock price realm - back to dollars per share. With my Ouija board and/or based on nothing in particular, I'm imagining a vein section 125m deep and 300m long on strike, at a depth of 1600m, still with narrowish veins at an average of 15(g/t)*m concentration. Such a thing would have a lasting, persistent upward effect on the stock.

Sometimes your visualizations come true - it's worked for me in the past. I'm picturin'. KXL has rich ground, and I would expect that within the decade something somewhere in the Greenstone Belt near Geraldton gets turned into a good-scale mine. KXL is doing the most work, although Premier is doing a lot as well. I'm long KXL (longer as of today!). I'm picturin', picturin' one nice pretty rich seam.