Back on August 30 I mentioned there were 3 wells I'd like to see the assays. Two of those wells,119 and 122, have been released while we are still waiting for 139. Both of those wells had over 100 meters of mineable ore grade at the extreme SW edge of the pit model. So strike extension has been demonstrated, it's a question now of how far. Slide 18 indicates they will try some deep drilling in the main zone and we should expect some assay results soon from the parallel structure at Lovell Lake. A revised resource estimate has been deferred until later this month to incorporate the new results at the SW end. At times it looked like the share price was going to break out to the upside in September until the "Jackson Hole" event where Bernanke said there would be no QE for now but low interest rates would continue. I was surprised by the impact this had on the PM prices where we saw a huge smackdown. I had thought a big driver of the prices was the world monetary problems with Europe in the lead and the US a close second. It's possible that the markets had priced in QE3 and then bailed out of the PM's when it didn't happen. Or, as the gold bugs claim, it was a good opportunity for the bullion banks to use their large paper position and a good cover story to drive the prices down and cash out some shorts. The COT report from Friday shows the bullion banks significantly reduced their net short positions in both gold and silver. Most of the time the COT changes are too unclear to interpret with certainty because there isn't enough publicly released information, so the analysts like Ted Butler and Ed Steer are largely guessing the significance of position changes. In my opinion we will soon have an answer anyways. If the market was expecting QE3 to propel gold prices up then we won't see a price recovery soon. If this price drop was a short covering opportunity, then we'll see gold and silver continue upward soon. I'm hoping for the latter which will help PDG acheive some of those " target prices".