RE: RE: Decade's grades vs. others They have absolutely no need or desire to advance the project... after all flow through money is for exploration only and as long as they keep 'exploring' then the flow-through money keeps going directly into Ed's pocket via the drilling company... The perfect Racket, why would you wanna stop?
This is why no money is spent on promotion... Promo money wouldn't go to Ed's pocket like drilling money does... Too bad Ed doesn't run his own promotional outfit...
At what point do the regulators step in say "allright you've drilled that area enough... it's time for a resource estimate"... again, this is why you see the lack of transparancy-- no disclosure of concise and accurate maps or models. They wanna keep this cash cow running as long as they can. No matter what Ed is getting paid...
Sad, because even if this is only a 'high grade pocket', there is probably approx 1MM oz of high grade Au. And 'pocket' or not these grades are economically robust.