Re:Philway –“too speculative and not economically viable”All PEAs say that regarding inferred ounces. It’s not some new revelation that us stupid long time EAG investors don’t understand. Those are cautionary notes that all PEAs must contain. Right now for EAG it’s a matter of doing more infill drilling to move those inferred ounces to indicated etc.
You keep bringing this up and the fact it hasn’t broken a million ounces ad nauseam. Is one million some magical number? I would rather have 800,000 HIGH grade ounces with a 95% recovery rate than a million ounces of LOW grade ounces with a 65% recovery rate.
Why do you always emphasize the negative? Why not point out some positives as well, such as the fact that the PEA says that they have only drilled on a small foot print and veins remain open. This to me means potential.
GIVE IT A BREAK