RE:RE:Newby hereGood for you for taking profits when the market provided the opportunity. Personally I didn't catch onto the story until last summer. I waited for Greenstone's commitment of $10MM US as my signal to start accumulating. They spent hundreds of thousands of dollars on due diligence prior to deploying the $10MM US. Plus they are mining professionals. Scalability in this case means options exist going forward. If capital markets are tight you can get up and running for dirt cheap (under $50MM?) by buying acid, maybe tolling the solution at the SX-EW plant a mile away (short pipeline) etc. Also, you get to choose where you want to start mining easily on this project. The gawdy NPV is based on the project averages over its life. Nothing prevents Excelsior from going to the most highly fractured and highest grade zones first. The numbers coming from there should be beyond gawdy times 2 and be able to show bankers the robustness or fund expansion out of cash glow. If capital markets are robust you can do the $280MM cap ex model and go build the acid plant and large SX-EW plant out of the starting gate. Or variations in between. Scalability.