RE:RE:RE:RE:RE:Resource Update...
I will dig into the report later but when you combine the indicated and inferred resource, roughly 260 m tons and multiply by $335/ton you get near Danny D' 82 billion which of course is nonsense but it does give you a rough idea of how big the project is. I am happy to see that golden now realizes that costs and a time discount is needed to give a more realistic NPV of the project. that is what the PEA will do.
And for the 10% option business, it has been the standard, lately anyways, of all the juniors I know. It may not be right but it is common. At first glance at the report, I was a little disappointed but if they did increase the cut-off grade from 1 to 1.5% and still got these numbers then I am much happier.