I agree that it sure would be nice to at least use some of the funds to drill in HM, if permitted by the financing. 

" The consensus was and is that while yes- there is gold in Red Rock Canyon- it is most likely in small pockets and not disseminated- and- in the end- not commercially viable."

I would point out from the GUARNERA Report, the following: 

Significantly, each geochemical and drilling program revealed gold was present at grades that

would now be considered as economic. Specifically,

• Phelps Dodge Corporation, 1970 and 1989 – In 1970, the company conducted ground resistivity surveys that the company correlated with possible gold mineralization. In 1989, rock chip sampling with samples returning grades of up to 1.6 ounces of gold per ton (opt). An internal memorandum noted: This is potentially a large gold system. Surficial rock-chip sampling shows gold occurring over an arcuate area of 5 square miles so far.

• Energy Reserves Group, 1982-1983 – Geological mapping and geochemical sampling delineated a number of targets that were never tested.

• Consolidated Paymaster/Godsil Resources, 1983-1985 – Drilled 10 holes; all showed gold mineralization; one 20 feet grading 0.045 opt starting at a depth of 50 feet.

• Wellington Financial, 1985 – Offset the above cited drill hole and intercepted 30 feet grading 0.037 opt starting at the surface.

• Tempo Resources, 1988 – Conducted magnetic and resistivity surveys followed by four drill holes. Three showed significant alteration and two intercepted gold mineralization.

• Primo Gold, 1990 – Drilled nine drill holes, five reporting “significant” mineralization; one grading 0.102 opt over a 45-foot interval starting at surface.

• JABA Inc., 1997 – Press release citing: “…values as high as 1.5 ounces have been obtained from silicified zones at the surface in the limestone host rock….”