no reservationsNo reservations about the stock guys with the price only at .93, but early on slavik talked about testing both dry and wet alluvial systems, and dry alluvial was plugged as partial answer to the dry area we're in.
moriarty does have year round water, they've found fresh water via drilling, we know there is the river going thru mkuvia.
but do we have enough water to fully exploit the cubic miles of sands in a short time? By short time I refer to not a glacial ramp up in oz produced, but a quick like move up to 1M oz/ yr over, say 5-7 years? In this type of scenario water may now be the limiting factor.
any bigger company looking to buy us out is gonna find out for themselves too how much can be produced under all out conditions. If water is a limit on production, they're gonna value us more on oz/yr rather than total resource base.
keep in mind we had been told about 100M depths of alluvial sand, tho that story may now be changing.
anyway, with the possibility of hundreds of millions of oz on property according to these prior calcs, a mere 500K oz/yr or even 1M oz is still scratching the surface of our possible resource base.