RE: That's cute... Everything you are saying makes perfect sense on one or two levels. Or...the game could head in an entirely different direction, what? When it comes to juniors it is a given to look at the 'either or' scenario. Do enough work and either do something with the results of that work...or be pillaged by some lame major that only looks after itself and does not really benefit the rank and file chairholders.
BUT...unlike the majority of these juniors, GRR is in a class by itself thanks to the behemoths who are stakeholders. I have heard that the big guns are increasingly impressed with how management is stick-handling through the process and there very well be a long-range plan that even now, may be ahead of schedule.
Moving forward, it will be curious to see exactly who will be allowed to come to the table and who will be denied. More curious might be as to the reasoning behind that kind of action. All theory of course....as what do I know? What I do know is that once a company shows up with (nearly) one million ounces of high-grade the game shifts.
Should be interesting to see how the 2013-14 drill program works out. And you may be quite right as to the total amount of ounces on the entire property. But first things first. The program appears to be focused almost entirely on the small south western part of the property. Maybe in 2015-16 the company may move at least...to the other side of the river? And in years to come....the middle section and then the northern section? At least we know one thing for sure....according to *everyone* I talk to - GRR is not one of those dreaded 'lifestyle' companies that have fallen into rapid disfavour. ;-)