RE: Production 2011I understand your frustration only too well!
The timeline, for the most part has NOT been pushed back though. The Resource estimate was a bit late but they have repeatedly said that the 43 101 Reserve estimate will be out before the end of this year, along with the Bankable. That will be a huge catalyst. They are drilling on the Star right now in order to expand the AMEC 43 101 which did not sit well with management, or the shareholders. AMEC's report of 120 million tons was about 100 million tons short of what Shore thought there was. AMEC was very conservative and the additional drilling will prove that there is twice the tonnage in the Star (hopefully). I am optimistic in that.
We should expect some results from the Orion shaft fairly soon.
Nonetheless, I am long on it, obviously, and optimistic, but it is tough to maintain a positive attitude.
I am counting on a good spike this fall. Institutions own almost 80% of it now, and they have better info than we do.
Regards,
The Grizz