RE:RE:RE:Tampering and small cross-tradesI listened to the same interview and drew a different conclusion. The reason he is punting PVG is because of the limited upside as far as he can see. Joe and Brent want 10 baggers in which they have to be in at the discovery stage rather than the development one. He discussed the bulk sample and the difficulty of extrapolating the bulk sample to the overall resource due to the extreme variability iin the grade from hole to hole and from meter to meter. PVG spent a pile of money over the past year trying to gain an understanding of the gold distribution in a realtively small portion of the Valley of the Kings (the first three years of projected mining) and I think they have a better grasp of the deposit and they will be able to mine with confidence.
I had dreams of a bigger gain in the share price this year but I think we wil just have to wait for mining to start and for the price of gold to increase to improve the IRR.