RE: Press release todayFurman,
Listen to the more recent CEO presentations. There is approximately 1M Oz under Sinivit in the second lense. The results are positive and extend the resource towards McNeil's suggested 1M Oz resource. The concentrations are not near the bonanza grades identified earlier but do obviously extend the volume of the resource and increase the mine life. These are positives - when the resource is increased by a measured amount the book value of the stock (it's reasonable floor price for value-based investors) increases proportionally.
I'm assuming if you do not know this then you are also unaware of the fact that according to the CEO there is another 3-4M Oz under Imwauna 3.25M of which is yet to be measured or indicated.
I really recommend listening to the CEO's presentations, reviewing previous drilling results and operations updates for a company.
GM