RE:RE:RE:RE:RE:RE:Derek is a genius!!!Every developer I've invested in has had at least one major problem during construction or initial production, sometimes more than one. But so far that problem has never been that the initial reserves were probable rather than proven.
I haven't wrapped my head around what went wrong with PGM. There's a handful of theories floating around which sound plausible. One theory posted on ceo.ca was that the rock was unstable, they would blast and too much rock would come down and dilute the ore. Drill spacing ain't gonna solve that problem.