RE:Private Equity Well it has to come down to what you think;
The 10m was an estimate of the old stockpile. It IS written somewhere, and has been posted here in the last year. Regardless, unless you believe that it is an absolute fabrication, there is SOMETHING there. Even if it's half that's still 5m. Plus, look at all the drilling they've done. There are Geo's in EVERY CORE they've taken, as shown by the 100% success rate they provided. Also, look at DRA Global, you think a company that is trying to pull a fast one is going to hire them?
Nothing against your bay Street buddy, he is just being immediately cautious based on his short amount of insight. He hasn't followed this journey.