RE:RE:RE:Todays news on as we knew ..Stupid, I'm sure you didn't read all of the news release. You specifically missed this important wording at the beginning of the news release.
"The Company notes that mineral resources are not mineral reserves as they do not have demonstrated economic viability. The Company further notes that a PEA is preliminary in nature and may include inferred mineral resources that are considered too speculative geologically to have economic consideration applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.
Now reading thru the news release all of the numbers are based on "mineral resources" not mineral reserves for the open pit. Meaning (according to the last sentance above) there is no certainty that the PEA will be realized.