Good question, huesos. However, I believe it has more to do with the nature of junior exploration companies. We've come off our end of July lows rather nicely, and I would expect a period of consolidation. And, of course, there are a lot of 'ifs' in that tonnage 'potential'.

Like any junior exploration investment, there is a lot of risk involved here, and the market will price that risk into the share price. There is a lot of drilling to be done before anything can be proven.

That being said, what I like most about TRR is that we are not merely an explorer any more ... we are a producer. We should be able to finance our exploration without any large share dilution.

As to selling off Cote Lake, well, management would deserve a swift kick in the a** if they contemplated that at this point. A JV, maybe. But I don't see the wisdom of even that right now, if ever.