Outcrop says 50m Ag ounces coming at 1000gr/t Ag eq grade!?! The latest Youtube interview with Joe Hebert, CEO of Outcrop really raised my jaded (and diluted) shareholder eyebrows when I heard what he was expecting for the next 10 months at their Santa Ana concession in Colombia. Here's the link:
https://www.youtube.com/watch?v=WbhKlaZCodI So they are going to drill another 12,000 meters over the coming 10 months and Joe expects the resource can be raised to 50 million ounces of silver at a grade of 1,000 grams/t Ag equivalent?! The 50 million sounds totally reasonable but the 1,000 grams really caught my attention. That would put Santa Ana into the silver premier league.Joe seems to not be given over to hyperbole and gives out these prospective numbers in a very matter-of-fact way. IMHO the interview is well worth watching when considering if the stock is a buy, hold or sell.