RE:RE:RE:Tell me if I got my facts rightAnyone familiar with the Diakha 43-101, will know that the ounces were based on a constrained pit wall because the extension permit had not been granted at the time of the 43-101. Some of the best drill results were not included in the ounces, meaning that as of the date of the extension permit, Diakha ounces are understated considerably in the order of 25%.
Also, the ounces in Diakha were constrained by a controversial method of capping drill results. It is an acceptable, but extremely conservative methodology.
Also missing in the analysis is a very successful drill program in Siribaya in November/December. That did not make the cut off date for the 43-101.
And of course we have two programs either completed or still in progress: 66 completed RC holes in the extension area, and a significant DD program intended to test the quality and depth of some rich blocks in the original Diakha.
And then there is the big picture. RR$'s estimates of a future 7 million oz for the Boto/Siribaya potential is far understated. Boto alone has identfied 5 or 6 deposits and IMG is developing only Malikoundi at the moment where there is nearly 2 million oz. Within trucking distance, there will be well over 10 million oz eventually mined here, and that doesn't even begin to touch the prospective targets similar to 1B on the other permits that were identified by ACA Howe. They figure there are about 5 more areas that are similar. This is the future of IMG right here and astute MXI investors know it. IMG knows it too.