I agree with you, Leif. Some may argue something to the effect of JB wanting to temporarily raise the share price through encouraging plans and news, and take the money and run, but that runs counter to the history of this company, the personal character of JB, and his geological record.

Some may also argue that drilling these 2 holes is nothing more than a desperate gambit based on share prices having reached an incredible low (.0012) a couple of months ago, and that since this is a desperate gambit the chance of success is low. This could be called the "all or nothing" theory. Of course, that theory would be debunked by the released data and, again, the geological history of JB himself.

So basically, it seems clear that JB strongly believes in the findings, which are a compilation from multiple sources and a second opinion from an independent geologist. For those skeptics, by the way, this point can't be overstated. The whole point of requiring an independent "arms length" opinion is to protect shareholders. The fact that this independent person confirmed JB's findings is, to me, among the most important facts supporting this drilling.

Your other point, Leif, that drilling with expected failure would be devastating to the company, is extremely important. Spending $400,000 for these 2 holes given the stakes means that there must be a strong expectation of success.

For all of these reasons and more I'm still an enthusiastic shareholder.

Thanks,

Wesley