CONFIDENCE 3
I am confident, given Walter's track record in creating mines, that he will develop a profitable operation in Fiji. As I understand the 'noise', his initial focus is to put into operation , a relatively modest (600 T. per day) high grade modular mine. How high will be the high grade? When the technical people analyze the core, the results will be published within the parameters of timely disclosure. Until that happens, we can speculate and hope for the best. As far as the existence of an additional large commercial porphyry structure is concerned, we can only speculate. However we do know that the existing vein gold deposits did not descend from above and therefore they could have been fed from a much more extensive system below. Therefore I will remain confident that the 'noise' related to the higher grades and a large porphyry contains an element of truth. For details check the company's website: liononemetals.com