RE: You cannot fool MadBiker44... If the ore lenses don't extend to any major depth, nobody will mine it. There has to be a few factors combined before a mine is decided upon. One is grade, another is tonnage. All these factors have yet to be determined by the drill. What counts is depth, width and grade of the orebody. PLE has very little to base a mine on yet. However, it much to early to make a decision to bash the property until at least a few holes have been drilled and the results made known.
I don't know why BPH turned down the property but, Hemlo with millions of ounces mined to date was overlooked by at least 4 companies before Lac Minerals took a chance at drilling it and the rest is history as we know it. To my knowledge there has been no drilling done on PLE's property to date so how can you say there is nothing there?
All I am saying is according to the grab samples, there is huge potential at Del Bosa.
In any event, you have to make your decision and live with it. I will do the same with what I know and feel from my experience.
Cheers..mad